Epoxy Resin Weekly Review: The center of gravity shifts up

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] News from April 19, 2010: The third week of April 2010 (April 12-April 16), the domestic market The oxygen resin market is picking up, and the center of gravity shifts upward.
International energy has soared to new highs, raw material prices have risen, and costs have increased.
Epoxy resin is supported, but it is mainly to digest the previous increase.
Raw materials are still the main focus, and the upward trend in the week is the main thing.
Among them, the external disk of bisphenol A continues to rise, the upside-down space is increasing, the cost pressure of domestic manufacturers, the quotation continues to rise, the focus of market negotiations continues to rise, and the cost drive continues to rise.
The driving force, but the pace has slowed down significantly compared with the beginning of the month, and is currently trending towards 16,000 yuan/ton; (omitted, see the full version for details).
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream price of liquid resin on weekends: 22,000-23,000 yuan/ton in East China, 22200-23200 yuan/ton in North China, and 22200-23200 yuan in South China.
/Ton; mainstream quotations of solid resins: two-step products in East China are quoting 21,500-22,000 yuan/ton, with a high center of gravity, and one-step products in Huangshan region are quoting 19200-19800 yuan/ton with a high center of gravity.

1.
Domestic market
1.
East China market The

2.
Huangshan Market The

3.
North

4.
South

2.
Manufacturers situation

    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 (slightly, see the full version for details)
    —Huangshan Runfa E-12/604 (slightly, see the full version for details) —
                                                      E-20/601 (slightly, see the 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 is still rising.
Although the quotation range is maintained and only the center of gravity is shifted, the current market continues its upward trend, and the raw materials are still the driving force and continue to focus.
The market outlook: the bisphenol A spot market fluctuates upwards, the cost is promoted, and domestic manufacturers are rising, but the upward pace has slowed down significantly.
Mainstream merchants are reluctant to sell and wait and see the atmosphere is strong.
After the end of 5 consecutive years of international crude oil, the international crude oil has rebounded strongly, the raw material phenol ketone market has risen strongly, and the follow-up of related products is difficult to determine.
The main tone of short-term high fluctuations and upward fluctuations remains unchanged; domestic epichlorohydrin is strong at high levels, but buyers Entering the market cautiously, sellers control the pace of shipments, short-term futures sources are slightly tight, and raw materials propylene and liquid chlorine are both pulled up, which may become further drivers in the future.
Since the end of March, the two major raw materials have continued to rise.
Bisphenol A and epichlorohydrin have increased significantly, with a cumulative increase of about 3,400 yuan/ton, and epoxy resin has increased by about 1,500-2,000 yuan/ton.
It will take some time for the cost to pass.
, The pace of procurement slowed down during the week, which has also become the main factor for raw materials-mainly bisphenol A-which is good and frequent, but is difficult to overcome.
This kind of industry chain influences each other between upstream and downstream, which is worth noting.
According to market experts from China Epoxy Resin Industry Association (www.
epoxy-e.
cn), the international market has also been driven by costs and prices have risen (slightly, see the full version for details).

    V.
Related charts
    1.
Domestic liquid epoxy resin market trend chart (April 17, 2009-April 16, 2010)
    (Omitted, see the full version for details).

    2.
Trend chart of liquid epoxy resin market in East China (March 17, 2010-April 16, 2010)
    (Omitted, see the full version for details).

    3.
Domestic solid epoxy resin market trend chart (April 17, 2009-April 16, 2010)
    (Omitted, see the full version for details).

    4.
The trend chart of the solid epoxy resin market in Huangshan area (March 17, 2010-April 16, 2010)
    (Omitted, see the full version for details).

    5.
Domestic epoxy resin, bisphenol A, and epichlorohydrin market trend chart (April 17, 2009-April 16, 2010)
    (Omitted, see the full version for details).

(Our reporter Huan Yang)

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