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Weak raw materials remain weak

Date:2017-08-16

Recently, the market for epoxy resin has been tepid, and the recent price of raw materials bisphenol A is also a rapid decline, which is a direct result of lower cost of epoxy resin, the reasons for the weak price, due to downstream buying from Last year's fourth quarter began to chase the purchase of raw materials hoard goods, the venue of the new single purchase initiative has been greatly weakened. In the domestic epoxy resin factory started stable situation, the market stock supply is sufficient, and some downstream industry by many factors affect the poor performance, the market is good news is also very few. Epoxy prices remain at the price range of 16.6-17 yuan / kg. As an important raw material bisphenol A and epichlorohydrin trend is weak, but also a direct impact on the price of epoxy resin market.

    
Phenol is weak, bisphenol A market temporarily stable

    
Bisphenol A itself to finishing the main, in the raw material phenolic weak there are possible down. But the Thai goods anti-dumping investigation filing notice, the industry sentiment affected, the domestic factories have raised offer 300 yuan / ton, the downstream is not a matter of course also actively inquiry. But after all, the news is too chaotic, the parties wait and see, bisphenol A trading is still poor. The current supply and demand side and the cost of the surface are not very good, only by the news under the influence of the factory can be followed by the follow-up is also slightly questioned.

    
Although after entering in March, there are enterprises offer up 300 yuan / ton, offer maintained at 11700-11800 yuan / ton, but due to lower raw material prices, the domestic plant was quoted at high prices, but based on supply and demand and cost considerations, Still rational holding operation, the downstream purchase flat. According to industry sources, the actual transaction price of bisphenol A in 11200-11300 yuan / ton in the vicinity.

    
Epichlorohydrin market is weak

    
East China as epichlorohydrin products, the wind vane, the price has been used as a reference market. Nearly two days of East China Central Chlorine market atmosphere is weak, poor trading under the fast rumors, the parties wait and see, transactions to buy the general. Glycerol law costs despite the pressure, but still near the cost line, the venue was slightly stalemate, reference at 8500-8700 yuan / ton. Shandong Haili 4 sets of a total of 32 million tons / year Epichlorohydrin device started two lines, the current offer temporarily stable, East China acceptance to 9,000 yuan / ton, South China received to 9,300 yuan / ton.

    
Ministry of Commerce initiated anti - dumping investigation of Thai bisphenol A

    
On March 6, 2017, the Ministry of Commerce of the People's Republic of China issued the Notice No. 13 of 2017, and decided to initiate an anti-dumping investigation on imported bisphenol A originating in Thailand. The product English name: BisphenolA, in the "People's Republic of China import and export tariffs": 29072300 under.

    
According to the provisions of the Anti-dumping Regulations of the People's Republic of China, the Ministry of Commerce will investigate the causal relationship between the dumping and dumping of imported bisphenol A originating in Thailand, the extent of damage and damage to China's domestic industry, and the dumping and damage The

    
Short-term epoxy resin or will weaken

    
The news of the Ministry of Commerce for the price decline of bisphenol A play a role in promoting the original wait and see attitude of the business more cautious. Due to the weakness of bisphenol A and weak market of epichlorohydrin, coupled with the downstream market demand for products has not yet heavy heavy volume, epoxy resin market short-term or will break the momentum, weaker is inevitable.

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