Epoxy Resin Market Maintains Upward Trend (September 14, 2026)

1. Today's Summary

① The East China spot price of the feedstock Bisphenol A (BPA) rose by 150 CNY/ton to 11,100 CNY/ton today, indicating a firm upward trend in costs.
② Demand-side inquiries remained limited to small-volume essential purchases; consequently, the epoxy resin market continued to rise in tandem with feedstock prices.

2. Spot Market Overview

Table 1: Domestic Epoxy Resin Price Summary (Unit: CNY/ton)

Taking East China as the benchmark, the ex-factory price for liquid E-51 epoxy resin closed at 15,500–16,000 CNY/ton today, up 300 CNY/ton from the previous session. In Huangshan, the spot cash price for solid E-12 epoxy resin closed at 14,400–14,700 CNY/ton, an increase of 300 CNY/ton compared to the last trading day, aligning with morning market expectations. With BPA prices continuing to push upward, epoxy resin producers still face significant losses and are raising offer prices accordingly. However, downstream inquiries remain limited, resulting in a sluggish trading atmosphere.

3. Production Dynamics

The capacity utilization rate for the domestic epoxy resin industry is hovering around 51%. Today, the average daily cost for liquid epoxy resin in East China was 15,901 CNY/ton, while the calculated average daily gross margin stood at -301 CNY/ton. From an operational perspective, there remains a discrepancy between theoretical margin improvements and actual profit recovery.

4. Price Forecast

With feedstock costs continuing to rise, holders are pushing up offer prices to restore industry profitability. However, downstream buyers remain cautious, with few inquiries and a quiet trading environment. The epoxy resin market is expected to maintain strong cost support, with prices trending steady to slightly higher. Market participants should closely monitor feedstock prices and downstream procurement rhythms, exercising caution in operations.

5. Related Product Status

Bisphenol A (BPA) Market: Taking East China as the benchmark, BPA closed at 11,100 CNY/ton today within a range of 11,000–11,200 CNY/ton, rising 150 CNY/ton from the previous trading day, consistent with morning expectations. The BPA market saw a slight increase today. Although upstream raw material prices softened, the BPA industry remains loss-making. Combined with low enterprise inventories, seller sentiment is supported, leading to continued upward adjustments in offers. However, early-week buying interest is limited, with most participants adopting a wait-and-see approach, and transactions primarily consisting of small-volume deals.

Epichlorohydrin (ECH): Taking Jiangsu province as the benchmark, ECH prices held flat at 11,550 CNY/ton compared to the previous period, matching morning expectations. Today’s ECH market pricing followed general trends. The primary raw material, glycerin, stabilized at high levels, maintaining cost support. Additionally, available spot resources are scarce, reducing manufacturers' willingness to offer discounts. Meanwhile, downstream buyers are cautious regarding high-priced feedstocks, engaging mainly in sporadic essential purchases with limited actual order releases.

6. Data Calendar

Table 2: Domestic Epoxy Resin Data Overview (Unit: 10,000 tons)