On 18 July, the centre of gravity of bisphenol A market continued to rise slightly. East China bisphenol A market negotiation reference average price at 10025 yuan / tonne, compared with the last trading day prices rose 50 yuan / tonne. The cost side of the support to the good, the stockholders offer to maintain a high level, the willingness to make concessions is not high, the downstream demand is general, the buyer to maintain a cautious just demand, the market trading is stable.
The price of epichlorohydrin market in East China was 7,650 yuan/tonne, flat compared with that of the last trading day. Most of the producers offer stable intention, downstream epoxy resin order is not smooth, buyers into the market replenishment intention is low, the market negotiation is light.
Epoxy resin market is stable and small movement, factories to deliver the previous orders, the market transaction just need small single supplement. Double raw material support still exists, manufacturers are reluctant to ship at low prices, downstream chasing high replenishment is insufficient, the main resin manufacturers intend to stabilise shipments, some factories according to their own orders and inventories slightly upward. Resin downstream resistance to high prices, and the market stock bearish mentality, the short-term epoxy resin market wait and see finishing operation.
Shanghai Orisen New Material Technology Co., Ltd
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Post time: Jul-22-2024