Throughout the upstream and downstream epoxy resin, environmental pressure under the low operating rate, to inventory slowly. As the weather gets hot, the downstream terminal market is light. The market no favorable news, the overall weakness.
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Epichlorohydrin
At present, there are two kinds of domestic manufacturers of epichlorohydrin, propylene and glycerol method, because of the cost of technology, glycerol factory facilities to maintain the majority of low-load operation, the market spot to propylene-based. By the recent decline in the crude oil market, propylene prices continued to decline. For now, epichlorohydrin spot price support role is limited.
Epichlorohydrin
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Due to the impact of different process start state, the market spot to the main source of propylene, the market temporarily stable stock. But the latter part of the glycerine factory plans to restart the device, the market supply has increased the trend. While the lower demand for lower epoxy resin, terminal market demand downturn, lack of support for the price of epichlorohydrin.
Bisphenol A
As a direct source of bisphenol A, the effect of phenol on bisphenol A is particularly pronounced. The phenol market at the beginning of last year when the market price of 8800 yuan / ton near today (May 9) phenol market price of 6700 yuan / ton near the decline of 23.86%.
phenol
At the same time the northern region of environmental protection thorough investigation, the downstream business started limited, the market supply and demand contradictions to curb the market upside weak, also makes the bisphenol A industry, the lack of confidence in the follow-up costs, very price weakness.
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Throughout the bisphenol A upstream and downstream dynamic, bad news mostly, HC Chemical Network analyst Zhang Yifan that short-term bisphenol A weakened.
Epoxy resin
As the weather gradually heat up, the resin industry will also enter the off-season, upstream raw materials upside down, the downstream demand is light. At present, the resin factory itself is still in the digestion stage, can only keep the low price to win the market share. In environmental protection under pressure, the majority of manufacturers shutdown state, to inventory pressure, while the manufacturers competing shipments, the mainstream market gradually replaced by low-cost goods.
The current field without good news boost, the market to inventory-based, is expected to short-term weakness in epoxy resin shock
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