Epoxy Resin Weekly Review: Ups and downs are not easy

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] March 30, 2010: The fourth week of March 2010 (March 22-March 26), domestic ring Oxygen resin market is temporarily stable and weak.
During the week, the two major raw materials rose steadily and the epoxy resin support increased significantly.
However, the downward inertia in the previous period was still there, and the price was slightly adjusted, as a supplement to the previous adjustment, and the overall weakness was mainly.
Last week, the two major raw materials stopped falling and recovered.
Some epoxy resin manufacturers canceled their low-end quotations at the beginning of the week, and their center of gravity shifted upwards.
However, due to the impact of the sharp drop in raw materials, lower costs and poor demand, some epoxy resin manufacturers Many manufacturers have continued to make up for losses and adjust in place recently.
Some models with higher quality and high-cost sources remain high.
Entering the two major raw material atmosphere transformations this week, among them: epichlorohydrin has a firm foothold, maintained a sideways arrangement, and has increased (omitted, see the full version for details).
According to market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), the mainstream quotations of liquid resins on weekends are: 21,000-22,000 yuan/ton in East China, down 500 yuan/ton, and 21,200-22200 yuan/ton in North China.
Decrease 500 yuan/ton, 21,200-22,200 yuan/ton in South China, and 500 yuan/ton; mainstream quotations of solid resins: 21,000-22,000 yuan/ton for two-step products in East China, 18500-19,000 yuan for one-step products in Huangshan area /Ton, high-end lowered by 500 yuan/ton.

1.
Domestic market
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    Manufacturer name Product model Ex-factory quotation (yuan/ton) Change
    South Asia Kunshan 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 (slightly, see the full version for details) —
                          DYD-128/E-51/618 (slightly, see the full version for details) —
                          E-20/601 (slightly, see the 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 ( Slightly, see the full version for details) —
                          E-20/601 (Slightly, see the full version for details) —
    Baling Petrochemical CYD-128/E-51/618 (slightly, see the full version for details) —
                          CYD-144/E-44 /6101 (slightly, see full version for details) —
                          E-12/604 (slightly, see full version for details) —
                          E-20/601 (slightly, 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 (omitted, see full version for details) —
                          1#～9# (omitted, see full version for details) —
    Langfang Nuoerxin YNI-828/E51/618 (omitted, see full version for details) —
                               YNI-860/E44/6101 (Slightly, 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) —

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    Market outlook analysis The domestic epoxy resin market has stopped falling and stabilized, benefiting from raw materials.
The market outlook still looks at the trend of raw materials.
The two major raw materials have risen steadily during the week.
The domestic epoxy resin market has been supported and maintained a weak operation.
The room for price changes is limited.
Although there are still many negatives, the downstream demand situation has not improved.
, A single talk mainly depends on the trend of raw materials, and the market outlook is also the same: during the week, the epichlorohydrin on the outside of the market will rise slightly, and the bisphenol A will run at a high level.
The former is stable and the short-term rise and fall are easy.
The latter rises and falls.
There is no lack of the possibility of further increase.
It can be said that raw materials become stronger and it is difficult for epoxy resin to rise or fall.
Looking at the progress of downstream consumer demand recovery, the current demand is still weak and stable.
After the holiday, there is no expected procurement peak and only a small wave.
Later (for details, see the full version); the epoxy resin market peak season is mostly in spring and autumn-the former From May to June, and from September to November in the latter, it is currently in the off-season and demand is limited.
Due to the excessive pressure from the previous decline in raw materials, recovery is more difficult; however, with the recent warmer weather (slightly, see the full version for details) .
According to market experts from the China Epoxy Resin Industry Association (www.
epoxy-e.
cn), the market’s wait-and-see atmosphere has shrunk.
Demand is expected to approach the peak season and buyers’ inventories will be exhausted.
However, the overall market is still in the off-season and it is difficult to upgrade temporarily.
In the future, as the weather becomes warmer, purchases into the market will increase, especially as the two major raw materials stop falling and rise to support the market.
Generally speaking, the short-term ups and downs are in a dilemma.
The narrow-range consolidation is the main and the long-term is optimistic.

    V.
Related charts
    1.
Domestic liquid epoxy resin market trend chart (March 27, 2009-March 26, 2010)
    (Omitted, see the full version for details).

    2.
Trend chart of liquid epoxy resin market in East China (February 27, 2010-March 26, 2010)
    (Omitted, see the full version for details).

    3.
Domestic solid epoxy resin market trend chart (March 27, 2009-March 26, 2010)
    (omitted, see the full version for details).

    4.
The trend chart of the solid epoxy resin market in Huangshan area (February 27, 2010-March 26, 2010)
    (omitted, see the full version for details).

    5.
Domestic epoxy resin, bisphenol A, and epichlorohydrin market trends (March 26, 2009-March 27, 2010)
  (Omitted, see the full version for details).

(Our reporter Shuzhi)