Epoxy Resin Weekly Review: Fully Continued to Rise

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] September 14, 2009: The domestic epoxy resin market has been rising steadily, with a medium-range market, and the market is organized and has limited fluctuations.
During the week, crude oil in the market fluctuated, and raw materials rose slightly.
The overall situation showed some good news.
Although the demand was still sluggish, the raw material support increased.
Among them: the epichlorohydrin market is steadily rising, manufacturers' quotations continue to rise, suppliers are reluctant to sell at low prices, downstream markets are responding generally, transactions are still rising, and there is no lack of continued rise in the bisphenol A market; lack of buying gas in the bisphenol A market, and discussion atmosphere Deserted, but the market has stopped falling and stabilized, market confidence has slightly increased, manufacturers have increased and decreased, and downstream wait-and-see is still relatively strong; raw materials have risen steadily, and the overall atmosphere is good.
The epoxy resin market is still weak, and manufacturers’ cost pressures continue to be strong.
In some cases, there are still price increases, and actual transactions have slightly increased; (slightly, see the full version for details).
According to market experts from China Epoxy-e.
cn, the mainstream quotations of liquid resins on weekends are: 16500-17500 yuan/ton in East China, 500 yuan/ton upward, and 16500-17600 yuan/ton in South China.
Increase 500 yuan/ton, 16500-17800 yuan/ton in Central China, 500 yuan/ton upward, 16500-17600 yuan/ton, 500 yuan/ton in North China, 16500-17600 yuan/ton, 500 yuan/ton in Northeast China ; Mainstream quotations of solid resins: East China offers 16,000-16500 yuan/ton, an increase of 400 yuan/ton, and one-step products in Huangshan area offer 14800-15800 yuan/ton, an increase of 300 yuan/ton.

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(Our reporter Ye Hui)

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