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[China Epoxy Industry Online] News from April 8, 2005: Recently, the price of epoxy resin has been soaring, and the strong demand market has attracted many foreign epoxy manufacturers to enter my country.
In the current market, Xinyang brand epoxy resins from Russia, Spain, South Korea, Iran and Thailand have entered the mainland one after another, squeezing the domestic market share.
Due to the short entry time, these brands have not yet been recognized by mainland users and will not have a major impact on the market for the time being.
However, due to the lower prices of these products, some are basically the same as domestic products, and some are even 1500-2000 yuan/ton lower than domestic brands (moreover, an agent of a foreign brand promises to accept an acceptance bill for more than 3 months).