page_banner

news

China’s epoxy resin capacity utilization and production rise in May, expected to decrease in June

Since May, the raw material Bisphenol A and Epichlorohydrin overall average price slipped compared with the previous period, epoxy resin manufacturers cost support weakened, downstream terminals only to maintain just fill the position, the demand for follow-up is slow, part of the epoxy resin manufacturers under pressure to shipment parking maintenance, but the amount of plant maintenance is less than in April, so in May the domestic market production of epoxy resin market of 164,400 tons, an increase of 3.85%, the capacity utilization rate of 50.84%, an increase of 1.89 percentage points. 50.84%, an increase of 1.89 percentage points.

China’s Epoxy Resin Production and Capacity Utilization, Jan-May, 2024

1a

May domestic epoxy resin capacity utilization rate, the main reason for the increase in production chain is that the loss of the month’s plant maintenance is slightly smaller than in April. Changchun (Changshu) Chemical 100,000 tons / year, Barling Petrochemical 150,000 tons / year and other epoxy resin device normal operation; Nantong Xingchen 160,000 tons / year, Yangnong 350,000 tons / year (two plants) and other epoxy resin device 6-7% of the operation; Zhejiang Haobang 100,000 tons / year of epoxy resin device 5.10-5.22 days of maintenance; Shandong Deyuan 60,000 tons / year of epoxy resin device 5.7- 5.10 days stopping maintenance; Shandong Sanmu 100,000 tons / year liquid epoxy resin device 5.20-5.29 days stopping maintenance; Shandong Ming Houde 40,000 tons / year solid epoxy resin device in mid-May stopping maintenance; Shanghai Yuanbang 40,000 tons / year device long stop. As of the end of May, a total of 57 domestic basic epoxy resin manufacturers (Liaoning Siyou 20,000 tons / year device statistics), involving a total of five enterprises device maintenance: Zhejiang Haobang 100,000 tons / year, Shandong Deyuan 60,000 tons / year, Shandong Sanyu 100,000 tons / year, Shandong Minghoude 40,000 tons / year, Shanghai Yuanbang 40,000 tons / year. Specific plant overhaul situation is as follows:

Company Name Capacity (wt) Start date of maintenance Maintenance end date Loss volume (tons) Remarks
Zhejiang Haobang 10 2024/5/10 2024/5/22 3939.39 Maintenance
Shandong Deyuan 6 2024/5/7 2024/5/10 727.27 Maintenance
Shandong Sanmu 10 2024/5/20 2024/5/29 3030.30 Maintenance
Shandong Minghoude 4 2024/5/15 / 1939.39 Maintenance
Shanghai Yuanbang 4 / / 3757.58 Shutdown

In June, the domestic epoxy resin capacity utilization and production is expected to decline slightly. Changchun Chemical (Changshu) 100,000 tons / year epoxy resin device is scheduled to stop at the end of May to mid-June maintenance; Nantong Star 160,000 tons / year epoxy resin device is scheduled to stop from 6.20-7.25 maintenance; Shandong Ming Houde 40,000 tons / year epoxy resin device restart to be determined; although Liaoning Siyou 20,000 tons / year epoxy resin gradually stabilized, but the output of the device is far less than the loss of the month. Comprehensive view, the overall domestic epoxy resin plant in June fell back in May, the late further attention to the upstream and downstream of the epoxy resin plant in June to start regulating the situation.

Epoxy Resin Production and Capacity Utilization Trend Forecast to June 2024

3_副本

 

 

 

Shanghai Orisen New Material Technology Co., Ltd
M: +86 18683776368(also WhatsApp)
T:+86 08383990499
Email: grahamjin@jhcomposites.com
Address: NO.398 New Green Road Xinbang Town Songjiang District, Shanghai 

 

Post time: May-31-2024