Morning Market Update for the Epoxy Resin Market (September 17, 2026)

1. Key Focus Points

1. Efforts by multiple parties to ease tensions in the Middle East, combined with the Federal Reserve's interest rate hikes boosting the USD exchange rate, led to a decline in international crude oil prices. ICE Brent Futures November contract closed at $105.83/barrel, down $2.92/barrel (-2.69% WoW).
2. Prices of both key raw materials remained stable and consolidated; cost support for epoxy resin remains intact.
3. Demand is driven primarily by essential needs; the epoxy resin market is currently operating stably.

Core Logic: Raw material prices fluctuated slightly, maintaining cost pressure on epoxy resin producers. The industry is facing losses, making it difficult for plants to push prices up; they are maintaining stable quotes. With demand limited to essential purchases, volatility in the epoxy resin market remains low.

2. Price Table

Note:

1. All prices listed in the table are in RMB, unit: CNY/ton.
2. All RMB prices listed above are tax-inclusive.
3. The two price columns represent spot prices from the two preceding business days prior to this week.
4. "Change" refers to the Week-over-Week (WoW) variation.
   Data Source: Chempricehub Information

3. Market Outlook

Cost-side factors are currently stable. The epoxy resin market is experiencing losses, resulting in insufficient willingness from manufacturers to offer discounts. However, trading activity is dominated by the execution of previous orders, with a lack of new inquiries, keeping the market center stable for now. It is expected that cost-side pressures may ease slightly today. Epoxy resin prices are likely to maintain high-level consolidation, while demand will continue to be restricted to essential needs, suggesting the market center will remain stable.