In October, the epoxy resin market fell broadly. According to the monitoring data of business society, the offer of East China liquid resin market was 37700 yuan / ton on October 1, and fell to 32750 yuan / ton on November 1, with a decrease of 13.13%. The sharp decline of epoxy resin market is mainly affected by the decline of raw material end and the decline of cost support.

Bisphenol a continued to decline, and the decline in cost support was the main factor for the continuous decline in the epoxy resin market. In the declining market, the downstream is more cautious about the purchase of raw materials. Under the weak demand, the market source consumption is slow, mainly small single purchase, which further depresses the market negotiation atmosphere.

The price of epichlorohydrin declined slowly, and the decline was slightly inferior to that of epoxy resin, which was mainly reflected in solid resin. The epoxy resin market is temporarily lack of good news support, and the short-term epichlorohydrin price also fell at a high level. The decline of epoxy resin will further increase.

Device: the overall operating rate of liquid resin is about 60%; The operating rate of solid resin is 4-5%.

At the end of October, the overhaul of Nantong Xingchen and Changchun chemical plants, a large domestic factory, was completed successively. A 120000 T / a bisphenol a plant in Tianjin Zhongsha was put into operation, and a 130000 T / a plant of Pingmei Shenma, a new plant, was planned to be put into trial operation in the near future. The domestic supply is expected to increase in the future, and the bisphenol a market at the raw material end is expected to decline. From the perspective of the industry, after a round of high exploration, the index of the chemical industry turned downward, and the cautious wait-and-see mood of buyers and sellers in the industry increased. Analysts of the business society believe that in the later stage, they pay more attention to the impact of industrial policies. According to the current situation, the epoxy resin market may continue to bottom in November.