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Although the international oil market set off wave after wave of price increases, the domestic epoxy market has been declining since May. The main reason for this trend is that the prices of international benzene-based raw materials are sluggish. Starting from pure benzene, prices are reversed with oil. However, this situation is currently being reversed. First, the price of pure benzene will bottom out, and soon phenol, acetone and bisphenol A will be fully raised. The reaction of epoxy resin may be slightly delayed, but the overall situation has been determined.
In fact, the current upstream industry phenol and acetone manufacturers have been keeping the market on the basis of a slight increase in prices; the operation of low positions of bisphenol A dealers has played a role in accelerating the market rebound; the current price of epoxy resin is chaotic, the same market The same grade of the same grade of the product, the price difference of up to 2,000 yuan per ton, this situation also shows that on the one hand, some manufacturers have a clear forecast of the future market.
Epoxy market brewing rebound although the current trend seems uncertain
Due to the reduction of raw material prices, the market for domestic epoxy resin market showed a pattern of decline. After entering September, this trend has not changed and the future trend seems to be uncertain. However, market analysts pointed out that at present, the domestic epoxy market has reached the eve of bottoming out, and a favorable upside market has been brewing.