Vicious circle: The Domestic epoxy resin industry enters into "three low symptoms"

　　According to the industry analysis, at present, the domestic epoxy resin industry presents the "three low symptoms" of "low price, low load and low order quantity", and enters a vicious circle which is difficult to solve.

　　All the time, the low season of epoxy resin continues, the downstream factories do not start high, coupled with the resistance to the price rise of raw materials, so the purchase of epoxy resin has been difficult to follow up. But in the face of rising raw materials again and again, epoxy resin factories have been unable to resist the mood to follow suit.

　　The domestic epoxy resin industry enters the vicious circle of "three low symptoms"

　　How does the material pressure the epoxy plant?

　　Since mid-to-late June, the epoxy resin has been running low and has been struggling to recover. In the face of the strong push up of raw materials, although epoxy resin factories with high replenishing few, but after all, the trading focus of the whole market has been a step up, epoxy resin cost accounting is bound to rise.

　　The epoxy resin factory also spits out the intention that wants to push up from time to time, also have the factory tentative offer to increase, but own shipment already very slow, the high price is difficult to go goods clinking, also just is too low price gradually disappears, the whole price center of gravity is big and steady small move.

　　The raw material, BISphenol A, has been on A new upward trend since late June, when prices in eastern China were at A low of around 7,500 yuan per ton. In the 20 days from July to now, bisphenol A manufacturers have been adhering to the mission of pulling up all the time. Although in this process by the downstream drag a little more strenuous, but also again and again broke through 8,300 yuan/ton, 8,500 yuan/ton reached the current market transaction price of 8,600 yuan/ton. Compared with before the price rise, this half month has increased by more than 1000 yuan.

　　The hope placed in the "gold nine silver ten" enterprise mood also Down to the freezing point

　　During the "Golden Nine silver Ten" period, the rigid pattern of raw materials may be maintained in the short term, the epoxy resin demand is sluggish, rigid demand will also slowly accept the high price of raw materials, the resin price may have a slight improvement, but the extent and speed will not be satisfactory.

　　It is well known that despite the downturn and recovery following the 2008 financial crisis, epoxy resin prices are at historically low levels and have been slow to move up.

　　And the low load is also obvious, the factory in the market to receive orders not free inventory gradually increased, also more reduce the start pressure relief, but little effect, inventory is still high. Low order quantity is an urgent problem for epoxy resin at present.

　　As you know, the three low prices in the epoxy resin industry are also influenced by each other. It is because of the lack of orders that the factory has to produce under low load, and the low load production still cannot relieve the increasing pressure of inventory under the unfavorable orders. In order to maintain the delivery speed, the factory can only continue to deliver goods at a low price.