Bisphenol A:
In terms of price: After the holiday, the bisphenol A market was weak and volatile. As of May 6th, the reference price of bisphenol A in East China was 10000 yuan/ton, a decrease of 100 yuan compared to before the holiday.
At present, the upstream phenolic ketone market of bisphenol A fluctuates within a narrow range, and the carbon polymerization units of Cangzhou Dahua and Yanhua are still undergoing maintenance, and there has been no significant change in the supply side of bisphenol A. The bisphenol A market has experienced a surge in replenishment before the holiday, but the spot market atmosphere is sluggish after the holiday. The overall market situation and prices are relatively weak.
In terms of raw materials, the phenolic ketone market fluctuated narrowly last week: the latest reference price for acetone was 6400 yuan/ton, and the latest reference price for phenol was 7500 yuan/ton, which showed little fluctuation compared to before the holiday.
Device situation: Huizhou Zhongxin 40000 ton device, Cangzhou Dahua 200000 ton device shutdown, Yanhua Carbon Gathering 150000 ton device long-term maintenance shutdown; The overall operating rate of the industry is around 70%.
Epichlorohydrin:
In terms of price: The epichlorohydrin market slightly decreased after the holiday: as of May 6th, the reference price of epichlorohydrin in the East China market was 8600 yuan/ton, a decrease of 300 yuan compared to before the holiday.
The raw material end propylene and liquid chlorine markets are showing a downward trend, while glycerol prices remain low and cost support is weak. Before the festival, downstream epoxy resin factories showed low enthusiasm for purchasing the raw material epichlorohydrin. After the festival, the market atmosphere became even more sluggish, and the factory’s shipments were not smooth. As a result, negotiations on prices gradually moved downwards.
In terms of raw materials, there was a slight decrease in the prices of ECH main raw materials for the two process routes during the week: the latest reference price for propylene was 7100 yuan/ton, a decrease of 200 yuan compared to before the holiday; The latest reference price for 99.5% glycerol in East China is 4750 yuan/ton, which is unchanged from before the holiday.
Device situation: Multiple devices such as Wudi Xinyue, Jiangsu Haixing, and Shandong Minji have low loads; The overall operating rate of the industry is around 60%.
epoxy resin：
In terms of price: Last week, the domestic epoxy resin prices remained basically stable: as of May 6th, the reference price for liquid epoxy resin in East China was 14600 yuan/ton (East China/barrel factory), and the reference price for solid epoxy resin was 13900 yuan/ton (East China delivery price).
Within a few working days after the holiday, the epoxy resin industry chain will mainly experience weak fluctuations. After the pre holiday downstream stocking and the arrival of new contract cycles at the beginning of the month, the consumption of raw materials is mainly based on contracts and inventory, and the enthusiasm for entering the market for procurement is insufficient. The raw materials bisphenol A and epichlorohydrin are showing a downward trend, especially in the epichlorohydrin market. On the cost side, there is a downward trend, but at the beginning of the month, epoxy resin manufacturers mostly reported stable prices. However, if the double raw materials continue to decline next week, the epoxy resin market will also decline accordingly, and the overall market situation is weak.
In terms of equipment, the overall operating rate of liquid resin is around 70%, while the overall operating rate of solid resin is around 50% The overall operating rate of liquid resin is around 70%, while the overall operating rate of solid resin is around 50%.