On January 27, the liquid epoxy resin market in East China experienced a narrow upward movement. The dual raw materials remained firm at high levels, exerting significant cost pressure, which led to higher quoted prices in line with market conditions. Major plants operated at high loads, ensuring ample market supply. Downstream demand for epoxy resin was primarily rigid, with mainstream negotiated prices referenced at RMB 13,800–14,100 per ton ex-factory (net water).
Chempricehub's analysis of epoxy resin assigns a bullish-bearish score of +1. The article indicates that the slight increase in liquid epoxy resin prices in East China is mainly driven by the firmness of dual raw materials at elevated levels. Severe cost pressure has pushed quoted prices higher, which is favorable for spot price increases. Although major plants are operating at high loads and market supply is ample, rigid downstream demand provides some support, limiting the extent of the price rise. Therefore, the assessment is generally positive (+1). Spot prices are expected to remain relatively strong in the short term, but attention should be paid to the risk of oversupply.
Epichlorohydrin receives a bullish-bearish score of +1. As a primary raw material for epoxy resin, the article mentions that dual raw materials remain firm at high levels, with significant cost pressure, indicating strong demand and solid price support for epichlorohydrin. The firmness of upstream raw material prices will indirectly benefit the epichlorohydrin spot market, driving prices upward. Therefore, the assessment is generally positive (+1). Spot prices are expected to stabilize with a tendency to rise, but attention should be paid to changes in the procurement pace of downstream resin plants.
Bisphenol A receives a bullish-bearish score of +1. The article notes that dual raw materials remain firm at high levels. As one of the key raw materials for epoxy resin, the firmness of bisphenol A prices reflects tight supply or strong demand, providing favorable support for the spot market. The transmission of cost pressure to downstream sectors is conducive to maintaining high or slightly rising spot prices for bisphenol A. Therefore, the assessment is generally positive (+1). The spot market is expected to remain relatively strong in the short term, but fluctuations in upstream raw materials and the sustainability of terminal demand should be monitored.