Today, the price of epoxy resin has been raised in some regions. At present, it is 8400 yuan / ton in East China, 8400 yuan / ton in North China, 8200 yuan / ton in South China, 8600 yuan / ton in Central China and 8400 yuan / ton in Northeast China.
Due to the continuous tight inventory and strong purchase intention of downstream purchasers, the external price of ethylene in Asia rose for six consecutive days, up 14.29% compared with the beginning of the month. After the domestic ethylene price increased by 500 yuan, it has now reached 8800 yuan / ton. Today’s price of Luxi Chemical ethylene is 8200 yuan / ton, and the average price of ethylene is around 8500 yuan. Based on the external price of US $1200, ethylene oxide has lost 67 yuan, while the estimated profit of ethylene glycol is around 185 yuan. Therefore, the manufacturers are more willing to switch to ethylene glycol, and the EO supply side is further tightened. Due to the high price of ethylene and tight supply, the price of epoxy still has room to rise. The downstream polycarboxylate superplasticizer monomer was closed in Ling’an, Hubei Province today, while Sanjiang and Shanghai Dongda both rose by 200 yuan. The current market price of monomer is 10600-11100 yuan / ton, and the terminal demand is more resistant to the current monomer price, so there is no market for it. In the later stage, it is still necessary to wait for the terminal demand to further expand.
Affected by raw materials and supply side, it is still bullish.
| http://www.lubonchem.com/ |