Epoxy Resin Weekly Review: In Inertia

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] July 5, 2010: The fifth week of June 2010 (June 28 ~ July 2), the domestic ring Oxygen resin market continues to be adjusted downwards, due to inertia, raw materials fluctuate and demand is not supported.
During the week, the market continued to fall.
Although the amplitude decreased, the atmosphere remained.
First of all, it was still affected by the raw material factor.
The market atmosphere of bisphenol A was light.
Although the price rose slightly, it has slowed down, the market adjustment is limited, and both buyers and sellers are trading.
The intention is not strong, (slightly, see the full version for details).
In view of the slow shipments of manufacturers and the fact that most prices follow the market, a single talk and transactions appear to be uneven.
The raw material market fluctuated mainly during the weekend.
The downstream demand for epoxy resin continued to be weak.
There was no obvious positive support for the upstream and downstream.
The market sentiment will continue to be light.
The market is weak and consolidates, and the possibility of continued adjustment is not ruled out.
(Slightly, see the full version for details).
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotations of liquid resins on weekends are 225,000~23,500 yuan/ton in East China, 22,600~23,700 yuan/ton in North China, and 22,700~23800 yuan in South China.
/Ton; mainstream prices of solid resins: two-step products in East China are quotation 22,000-22,500 yuan/ton, one-step products in Huangshan area are quotation 18800-20500 yuan/ton, low-end down 200 yuan/high-end down 500 yuan/ton

    1.
Domestic market
    1.
East China market The

    2.
Huangshan Market The

    3.
North

    4.
South China market The

    2.
Manufacturers

    Manufacturer name Product model Ex-factory quotation (yuan/ton)
    Ups and downs Kunshan, South Asia NPEL-128/E-51/618 (omitted, see full version for details) —
                                                         901 (omitted, see full version for details) —
    Dalian Qihua DYD-127/ E-44/6101 (omitted, see full version for details) —
                                                 DYD-128/E-51/618 (omitted, see full version for details) —
                                                        E-20/601 (omitted, see full version for details) —
    Guangzhou Hongchang E-44/6101, E51/618 (omitted, see full version for details) —
                                                        E-20/601 (omitted, see full version for details) —
                                                        E-12/604 (omitted, see full version for details) —
    Wuxi resin E-44/6101 (omitted, see full version for details) —
                                                        E-51/618 (omitted, see full version for details) —
                                                       0194/0191 (omitted, see full version for details) —
    Guodu Chemical E-51/618 (omitted, see full version for details) —
                                                         E-20/601 (omitted, see full version for details) —
    Baling Petrochemical CYD-128/E-51/618 (omitted, see full version for details) —
                                                  CYD-144/E-44/6101 (omitted, see full version for details) —
                                                         E-12/604 (omitted, see full version for details) —
                                                         E-20/601 (omitted, see full version for details) —
    Yangnong Chemical YNI-828/E-51 (omitted, see the full version for details) —
                                                         YNI-826/E-44 (omitted, see the full version for details) —
    Jiangsu Sanmu E-44/6101, E-51/618 (omitted , see the full version) , See the full version for details) —
                                                  E-12/604, E-20/601 (omitted, see the full version for details) —
    Wuxi Bluestar Epoxy 850S/E51/618 (omitted, see the full version for details) —
                                                            860L/E44/ 6101 (slightly, see the full version for details) —
                                                                1#～9# (omitted, see the full version for details) —
    Langfang Nuoerxin YNI-828/E51/618 (omitted, see the full version for details) —
                                                      YNI-860/E44/6101 (omitted, see the full version for details) —
                                                       E
    -12/604 , E-20/601 (omitted, see full version for details) — Huangshan Runfa E-12/604 (omitted, see full version for details) —
                                                                  E-20/601 (omitted, see full version for details) —
    Anhui Hengyuan E-12/604 (omitted, see the full version for details) —
                                                                   E-20/601 (omitted, see the full version for details) —

    3.
Upstream raw materials

    4.

    Market outlook analysis The domestic epoxy resin market seems to be stable.
Throughout June, the off-season of demand came, and continued the downward trend in May to continue to see the decline in equipment operating rate and shrinking demand.
The two major raw materials lost the support of downstream demand and continued to fall.
(Slightly, see the full version for details) In the near future, the upward trend from the end of March to May has risen linearly, and from mid-May to the end of June, the upward trend has fallen linearly, showing an inverted "V" trend as a whole.
The main factors affecting the new weekly market are the following aspects-firstly, the demand level: June to July is the traditional low season for demand, and downstream manufacturers start to decrease (for details, see the full version); therefore, the market supply in July is relatively sufficient; again Raw material market: The two major raw materials fluctuated and declined in June.
Among them, epichlorohydrin fell 2,500 yuan/ton, or 16.
7%, and bisphenol A showed a wavy trend in June, with prices fluctuating within a narrow range.
It is expected that the market will be difficult to change and maintain in July.
Narrow range oscillation is the main, (slightly, see the full version for details).
Market experts of China Epoxy Resin Industry Association (www.
epoxy-e.
cn) said that the epoxy resin market follows the raw materials and staged a diving market.
It is still hard to be optimistic about the market outlook, although the current price has fallen to the bottom, and there is no lack of rise.
, But the negative is still heavy, even if the rebound is limited, the weak situation of epoxy resin is still difficult to change.

    V.
Related charts
    1.
Domestic liquid epoxy resin market trend chart (July 03, 2009-July 02, 2010)
    (Omitted, see the full version for details).

    2.
Trend chart of liquid epoxy resin market in East China (June 3, 2010 ~ July 2, 2010)
    (Omitted, see the full version for details).

    3.
Domestic solid epoxy resin market trend chart (July 03, 2009 ~ July 02, 2010)
    (omitted, see the full version for details).

    4.
The trend chart of the solid epoxy resin market in Huangshan area (June 03, 2010 ~ July 02, 2010)
    (omitted, see the full version for details).

    5.
Domestic epoxy resin, bisphenol A, and epichlorohydrin market trends (July 3, 2009 to July 2, 2010)
    (Omitted, see the full version for details).

(Our reporter Rong Hui)

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