Epoxy Resin Market Morning Update (September 18, 2026)

I. Key Focus Points

1. The United States has hinted that the U.S.-Iran conflict is nearing its end, while multiple parties continue to promote de-escalation in the Middle East, leading to a drop in international crude oil prices. ICE Brent futures (November contract) fell by USD 1.01/barrel to 104.82, a change of -0.95% compared to the previous period.

2. Raw material Bisphenol A (BPA) prices continued to rise, strengthening cost support for epoxy resins.

3. Demand remains driven by rigid requirements, with small-scale transactions in the epoxy resin market following the upward trend in raw material prices.

Core Logic: Raw material prices continue to rise, maintaining cost pressure on the epoxy resin industry and resulting in losses. Factory quotations remain high, making low-priced offers scarce in the market. Demand continues to be limited to rigid needs, causing epoxy resin prices to follow with modest increases.

II. Price Table

Notes:

1. Prices listed in the table are in Chinese Yuan (CNY), unit: CNY/ton.
2. All CNY prices listed above include VAT.
3. The two price points represent spot prices from the two preceding business days before this week.
4. Changes reflect the percentage or absolute variation compared to the previous period.

Data Source: Chempricehub Information

III. Market Outlook

Costs continue to rise, keeping the epoxy resin market in a loss-making position. Manufacturers' willingness to offer discounts has weakened, making low-priced goods scarce. However, trading activity is primarily focused on fulfilling existing orders, with a lack of new inquiries; consequently, small-lot transactions are following the upward price trend. It is expected that costs may still fluctuate today, with epoxy resin prices maintaining a high-level consolidation. Demand will likely remain limited to rigid requirements, suggesting the market center may stabilize.