The domestic epoxy resin market fell all the way in June, mainly because the demand continued to not improve and the double raw materials plunged, with a significant decline, which came from the lack of positive support on the cost side. The epoxy resin market has entered a declining situation. According to the monitoring data of business agency, the market offer of liquid epoxy resin in East China was 25000-25200 yuan / ton on June 1. On June 30, the market fell to around 20800 yuan / ton, falling 4200-4400 yuan / ton within the month, and the month with a relatively large decline in 2022. As of press time, the offer of liquid resin Market in East China is 20600-21200 yuan / ton in barrels, and the offer of solid resin Market in Shandong is 18500-19000 yuan / ton.

region ., Specifications., Quotation, June decline

East China, E51., 20600-21200., – four thousand and two hundred

Shandong region, E12., 18500-19000., – three thousand and two hundred

Raw material bisphenol A: in June, the market of bisphenol a broke down more than expected, and the lack of downstream demand led to the continuous decline of the raw material market, and the whole industrial chain was not good. According to the monitoring data of business agency, the negotiated price in East China was 15100 yuan / ton on June 1, and the market offer in East China was 12650 yuan / ton on June 33, a decrease of 2450% in the month. On the one hand, the demand continued to not improve, and the raw material side was supported in the early stage. In June, the international crude oil was unstable, the raw material phenol and ketone continued to fall, and the cost side also showed negative support. The business club expects that the short-term BPA will continue to hit the bottom. In July, the supply side is still sufficient, and the demand is expected to decrease but not increase. It is expected that the market is expected to fall below 12000 yuan / ton in July.

The epichlorohydrin market fell slightly in June. In the first half of the month, the raw material propylene fell, the cost support of propylene method was weak, the price of raw glycerol was high, the cost pressure of glycerol method was still there, the enterprise inventory pressure was controllable, the downstream demand was light, the demand support was weak, and the market atmosphere was weak. In the second half of the month, the prices of raw materials propylene and glycerin fell, the cost support fell, some units were shut down for maintenance, and the market supply contracted, but the demand side was poor, and the high-end negotiations in the market were weak. With the impact of the restart news of some units, the market mentality was under pressure, and the shippers sold at a profit, and the weakness of cyclopropane continued. At present, the cost side support is general, the demand side is light, the supply and demand support is weak, and the market atmosphere is depressed. It is expected that the cyclopropane market may be weak in the short term.

Business analysts believe that raw materials continue to decline, and the pressure on downstream raw material inventory increases. It is expected that the supply of epoxy resin will remain sufficient in July, while the downstream will continue to wait and see more. It is expected that the weak trend will continue to decline in July.