This week, both raw materials are down, with obvious decline. The epoxy resin market is in a downturn, and the on-site negotiations are cold. According to the monitoring data of business agency, the market offer of liquid epoxy resin in East China was 28500-29500 yuan / ton on February 21, down 0.85% during the week. So far, the offer of liquid resin Market in East China is 28500-29500 yuan / ton, and the offer of solid resin Market in Huangshan is 24300-24800 yuan / ton.

The epoxy resin market negotiation was cold this week, mainly due to the decline of dual raw materials, and the continuous decline of East China auction. The starting price of on-site auction on the 21st fell to 16000 yuan / ton, and the market offer fell to 18650-18700 yuan / ton. The upstream and downstream of the short-term Industrial chain are still bad, but the supply side is tight, and it is expected to operate stably in the short term.

Another important raw material, epichlorohydrin, also showed a downward trend in the market. On February 18, the average quotation price of epichlorohydrin enterprises was 18966.67 yuan / ton, down 1.04% compared with Monday’s price, up 4.02% compared with January 18, and up 2.52% year-on-year in a three-month cycle.

In terms of equipment, the overall operating rate of liquid resin is about 75%; The operating rate of solid resin is about 40%. Nantong Xingchen 150000 T / a unit was shut down for maintenance, and the operating rate of the industry declined.

From the perspective of business society, dual raw materials are down. Although the factory supports the price and stabilizes the market, it is difficult to stop the downward trend under the downturn of demand. It is expected to weaken in the short term, adjust the operation, and pay attention to the upstream and downstream products of the industrial chain.