I. Key Points
Core Logic: The raw material market is showing divergence. Although epoxy resin costs remain high, downstream demand is restricted to small-volume essential orders. Factory shipments are under pressure, resulting in a slight decline in actual transaction prices and a sluggish market sentiment.
II. Price Table
| Product | Market | Unit | 2026/9/20 | 2026/9/18 | Change |
|---|---|---|---|---|---|
| International Crude Oil | ICE Brent Futures | USD /bbl | 103.87 | 103.87 | 0 |
| Phenol | East China | CNY /ton | 9050 | 9175 | -125 |
| Acetone | Jiangsu | CNY /ton | 8775 | 8700 | 75 |
| Bisphenol A (BPA) | East China | CNY /ton | 11200 | 11200 | 0 |
| Domestic PC Resin | Yuyao | CNY /ton | 14300 | 14350 | -50 |
| Epichlorohydrin (ECH) | East China | CNY /ton | 11350 | 11350 | 0 |
| Epoxy Resin E-51 (Net Water Ex-factory) | East China | CNY /ton | 15700 | 15800 | -100 |
| Epoxy Resin E-12 (Spot Delivery) | Huangshan | CNY /ton | 14700 | 14900 | -200 |
| Remarks: | |||||
| 1. Prices listed in the table are in Chinese Yuan (CNY), unit: CNY/ton. | |||||
| 2. All CNY prices in the above table are tax-inclusive. | |||||
| 3. The two periods refer to spot prices from the two previous working days before this week. | |||||
| 4. Changes represent the period-over-period percentage change. | |||||
| Data Source: Chempricehub Information |
III. Market Outlook
Costs are showing divergence: BPA prices remain firm while ECH prices are weak. Overall production costs stay at high levels, keeping epoxy resin producers in a loss position. However, internal demand continues to be driven by essential needs. Factories face shipment pressures, and actual transaction prices have slipped slightly. Looking ahead, cost-side fluctuations may persist. With epoxy resin shipments remaining under pressure and demand maintaining an essential-only pattern, market prices are expected to trend steady to slightly weaker.
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