Epoxy resin refers to an organic polymer compound containing two or more epoxy groups in its molecule, and its molecular structure is characterized by containing active epoxy groups in its molecular chain. This makes them cross-link with various curing agents to form insoluble and insoluble polymers with three-dimensional network structure, thus becoming the most widely used resin system in advanced composite materials, which can be used to prepare different formulations in various molding processes and has a wide range of viscosity adjustment; So as to adapt to different production processes. In recent years, toughening technologies such as rubber elastomer toughening, resin alloying modification and epoxy resin toughening modification have become more and more mature, and epoxy resin has been better and more widely used. At present, epoxy resin occupies a dominant position in the high-performance composite market, so it is of great significance to study the epoxy resin market.
According to the latest statistics, in 2005, the output of epoxy resin in China was 440,000 tons, the import volume was 250,000 tons, the export volume was 60,000 tons, and the total consumption was 630,000 tons. The output continued to increase substantially, the import volume further decreased in the total consumption, and the consumption tended to be stable and reasonable.
Looking at the international epoxy resin market in recent years, the world's epoxy resin production capacity is 654.38+ 0.38 million tons in 1996, 654.38+0.35 million tons in 1996, 654.38+0.38 million tons in 1999 and 0.59 million tons in 2002 respectively. Especially, the M&A and investment construction of epoxy resin companies in Europe, America and Japan are more active. After a series of reorganization and integration of international predators, the top three epoxy resin industries in the world took turns, from Shell, Dow and Ciba -Geigy at the end of the 20th century to Hersion, Dow and South Asia. The production capacity of the new top three in the market has reached 380,000 tons/year, 360,000 tons/year and 300,000 tons/year respectively! Hexin, Dow and South Asia Top Three all have production bases in China at present. In terms of quantity, China has become the largest producer and important consumer of epoxy resin in the world, but in terms of consumption structure and individual enterprises, domestic enterprises as economic organizations need to be bigger and stronger.
I. Industrial history
China's epoxy resin industry started at 1958, but due to the constraints of planned economy and the influence of the Cultural Revolution, the pace of development in China is obviously slower than that in foreign countries. In the 1980s, the situation improved, with an annual growth rate of about 7%. However, from the total amount, the annual planned consumption of epoxy resin is always below 1 10,000 tons. In the early 1990s, China's economic development gradually integrated with the international market and economy. There are many foreign-funded enterprises and Sino-foreign joint ventures in the epoxy resin industry. With the entry of a large number of township enterprises and private enterprises, China's epoxy resin production enterprises have mushroomed, expanding from dozens to nearly 200 at once, and various economic sectors compete with each other and develop together. However, at that time, the scale of a single set of devices was below 5000 tons/year, which was far from foreign countries and technically.
After the vigorous development in 1990s, the epoxy resin industry in China entered another development period. 1998 The consumption of epoxy resin reached120,000 tons. The introduction of technology has played an important role in this process, which has greatly improved the production of epoxy resin in China from the technical level to the production scale, and the epoxy resin they produced has been able to compete with importers. During this development period, China's epoxy resin industry showed a pattern of agglomeration development, and leading enterprises gave full play to the role of radiation driving the whole industry, forming the core industrial belt of China's epoxy resin; Huangshan Mountain in Anhui Province has sprung up suddenly. They developed solid resin for powder coatings in a unique way, and by virtue of their professional advantages, they formed a joint production base of epoxy resin and epoxy resin powder coatings. South China has become the highland of epoxy resin application in China. By virtue of its geographical advantages adjacent to the port, the region has vigorously developed the electronic industry and promoted the application of epoxy resin in the electronic field, which is an important driving force for the electronic field to become one of the main consumption directions of epoxy resin in China.
2 1 century, the industries related to epoxy resin, such as electronics and electricity, transportation, petrochemical industry and construction engineering, developed rapidly, and the demand for epoxy resin in economic construction increased sharply. In this "development" background, China epoxy resin ushered in a golden stage of development. The average growth of production and consumption reached about 30%, much higher than the global growth level of 3% in the same period, which became the main driving force for the global epoxy resin growth. The main development features are as follows.
Second, the industrial characteristics
First, it is promoted by foreign capital. American-funded and Taiwan-funded enterprises have set up factories in Chinese mainland. These foreign-funded factories have a considerable production scale, accounting for almost half of Chinese mainland's current epoxy resin production capacity. At the same time, the technology adopted is the most advanced in the world, which not only greatly improves the production capacity of China's epoxy resin industry, but also makes a leap in technical quality, especially the stimulation of foreign "leading" technology to China, prompting the original domestic epoxy resin enterprises to make great efforts to innovate, thus realizing a good overall driving strategy.
Second, through the structural adjustment within the industry, the industrial chain and the regional economy have developed and improved simultaneously, and quality of enterprise has improved qualitatively. Scale has become the biggest feature of domestic epoxy resin enterprises. At present, the number of enterprises has been adjusted from more than 200 at the peak to about 100. The production scale of enterprises has been greatly improved, and the technical level has also been rapidly improved. Moreover, its development is no longer isolated, but has the ability to drive or echo the simultaneous improvement of the entire industrial chain. The agglomeration effect is worthy of full affirmation, pushing the level of epoxy resin industry in China to a new height.
Third, the ability of technological innovation has been greatly improved, and the technical level has entered the world's more advanced ranks. In today's competition of epoxy resin industry, besides talents, management, funds and other factors, it is more important to compare technologies. At present, with the diversification of capital structure, China epoxy resin industry has also become a competitive stage for various advanced technologies at home and abroad. In this arena that determines the success or failure of competition, local enterprises in China rely on independent intellectual property rights, and at the same time, constantly promote technological progress and gradually develop and grow in the competition.
Fourth, the whole industry presents an obvious pattern of division of labor. Whether at home or abroad, large enterprises with a production capacity of about 20,000 tons/year are mainly based on bulk basic resins. Without scale and advantages in these fields, it is difficult for small enterprises to make a difference; Some traditional factories of domestic enterprises are also the centers of new product research and development, constantly cultivating new varieties and forming new bulk varieties; In Huangshan, an important town of powder coatings, the single advantage is obvious, and the products are exported in large quantities; Specialized and special products and technologies have blossomed in an all-round way, and some small enterprises have attracted the attention of the industry.
Fifth, the application field of epoxy resin has been rapidly opened. The strength and depth of application are the basis of product production scale. The material manufacturing industry provides advanced materials for the application industry to meet the requirements of producing better products, and the application industry in turn requires the material manufacturing industry to provide more advanced materials to promote its continuous development. Many of these products that used to rely on imports have been partially or completely replaced in China.
Sixth, information construction is progressing rapidly, which complements the development of industrial modernization. Informatization promotes industrialization and industrialization drives modernization, which has become a true portrayal of this industry. Most advanced enterprises in this industry are strongly supported by information technology. Through comprehensive information construction such as ERP system, the goal of high efficiency in process and consumption reduction in application can be realized.
Third, the application analysis
At present, the main application fields of epoxy resin in China are electronic information, among which the output of color TV, stereo and telephone ranks first in the world. At present, we are focusing on emerging markets in the fields of information appliances, mobile computing, digital TV, wireless local area network and automotive electronics. The main applications of epoxy resin in these fields are copper clad laminate, plastic packaging material, castable, packaging material, patch adhesive, mold adhesive and so on. Transportation equipment, adhesives and composite materials such as epoxy electrophoretic coatings, heavy-duty anti-corrosion coatings, mold adhesives and tool adhesives are widely used in transportation equipment manufacturing; In the energy industry, the application of epoxy resin in this industry is mainly as insulating material, and the main application forms are laminated board, castable, plastic packaging material, insulating paint and adhesive; The rapid development of automobile manufacturing and automobile industry will greatly promote the production of epoxy resin. At present, each car consumes an average of 5 kilograms of epoxy resin. With the rapid development of automobile industry in China, epoxy resin has great potential in this field, driven by domestic demand. In the construction and water conservancy industries, the application forms of epoxy resin in this field mainly include flooring, anti-corrosion coatings, other architectural coatings, composite concrete, epoxy asphalt, building reinforcement and plugging materials, and dam anti-corrosion materials. The application of epoxy resin in petroleum and petrochemical industry takes anticorrosion as the core, and the main application forms are anticorrosion materials for offshore oil platforms, oil tanks and oil pipelines.
The consumption of epoxy resin is highly positively correlated with economic development. The more developed the economy and the higher the living standard, the higher the consumption of epoxy resin. At present, the per capita consumption of epoxy resin in developed countries is about 1kg/ year. However, in 2000, the per capita consumption of epoxy resin in China was only 0. 1 kg, and in 2005, it reached 0.3 kg, an increase of 2 times. Due to China's huge population base, the expansion of industry scale in the next few years is still very considerable.
The rapid growth of China's demand for epoxy resin has aroused great concern in the international industry. Almost all multinational companies of epoxy resin have invested or will soon build large-scale production facilities in China, and domestic enterprises are also building and expanding epoxy resin facilities. According to the publicly disclosed information, the proposed new epoxy resin production capacity is about 550,000 tons/ton, and the existing production capacity is 400,000 tons/ton. It is estimated that around 2065.438+00, China's epoxy resin production capacity will reach 6.5438+0.3 million tons/ton, which is close to half of the world's total, making it a big epoxy resin country in the world. China epoxy resin industry is entering a new critical development period.
Four. Market suggestion
However, there are still many problems to be solved in how China's epoxy resin industry can realize its dream of becoming a big country and become a strong country. First of all, we should take the road of specialization and characteristics. China's epoxy resin market is large, the domestic epoxy resin market share is rising and gradually taking advantage, and at the same time, it has begun to enter the international market, with gratifying results; However, in order to further expand its advantages, we should proceed from the characteristics of a large number of epoxy resin markets, rapid upgrading of users' products and rapid technological progress, vigorously develop special or special epoxy resins according to the development characteristics of application industries, learn from Huangshan's industrial structure, and strive for the single advantage of small and medium-sized enterprises specializing in special markets.
Secondly, actively aim at foreign high-end products to tackle key problems and realize substitution as soon as possible. Domestic demand exceeds supply, and the price of imported epoxy resin products is quite high, even ridiculously high. The development of these products is difficult and costly, and some of them are not in great demand at present, but we must not give up development. Conditional factories should actively organize development. On the one hand, it can reduce the high cost for downstream industries, on the other hand, it can win the future market for itself.
Third, develop green products and realize clean production. The treatment of epoxy resin wastewater is a big problem in epoxy resin industry, which is mainly due to the fact that epoxy resin wastewater contains a large number of aging resins and high concentration of alkali salts, so it is difficult to adopt traditional wastewater treatment methods. Especially in electrical, electronic and building materials, there is a great demand for environmental protection products. At present, the extensive use of non-environmental brominated epoxy resin for copper clad laminate and flame retardant electrical castable has been restricted, so it is necessary to take immediate action to develop halogen-free flame retardant epoxy resin. Environmental-friendly water-soluble epoxy resin, solvent-free epoxy resin and high-solid epoxy resin are still in a state of low output and few varieties, and their development should be vigorously promoted.
Finally, we should speed up the development of raw and auxiliary materials. At present, the production of bisphenol A, epichlorohydrin and curing agent in China lags far behind the research of epoxy resin for epoxy photocurable coatings.
Analysis of upstream industry of verb (abbreviation of verb)
Curing agent and epichlorohydrin are the most important production factors in the production of epoxy resin.
The problems in China's epoxy resin curing agent industry are mainly manifested in the following aspects: first, the contradiction between production and demand is prominent, and high-grade and various special curing agents need to be imported; Second, it is difficult to adapt to the ever-changing epoxy resin formula because of its few varieties and low serialization; Third, the supporting development level of epoxy resin and curing agent is extremely low, lacking the supporting advantages of industrial chain; Fourth, the development of curing agent lacks overall planning; Fifth, the research and development situation is not satisfactory.
The development of epichlorohydrin in China has been closely linked with the development of epoxy resin. Up to now, the main use of epichlorohydrin in China is to produce epoxy resin. At present, the consumption structure of epichlorohydrin in China is: epoxy resin industry accounts for 85%, synthetic glycerol accounts for 7%, chlorohydrin rubber accounts for 2%, and others account for 6%. The application of epichlorohydrin in fine chemical industry has begun. Although the dosage is not the same as that of epoxy resin, its development prospect is broad and worthy of recognition. At present, there is a big gap between domestic epichlorohydrin production enterprises and foreign advanced level in raw materials and public works consumption, product quality and production cost. Only by vigorously improving the production process, reducing the cost and improving the product quality can we better help the domestic epoxy resin industry on the basis of enhancing the international competitiveness of the industry.
According to the relationship curve between the consumption of epoxy resin and the development of national economy, and the degree of correlation with the application materials such as coatings, adhesives, composite materials and the application fields such as electronics, electricians, buildings and automobiles, it is predicted in many aspects that by 2065.438+00, the production capacity of epoxy resin in China will reach 65.438+03 million tons, accounting for half of the global total production capacity, and the total consumption of epoxy resin will be 65.438+05 million tons.
Market expectation of intransitive verbs
At the beginning of 2006, compared with the embarrassing situation of raw material market, the epoxy resin market reached a high price in recent years. However, whether the price of bisphenol A is weak or the supply of epichlorohydrin is in short supply, it will have a certain impact on downstream epoxy resin manufacturers. At present, this disconnect between upstream and downstream is bound to be a temporary phenomenon. After a period of adjustment, the epoxy resin and raw material industries will definitely return to a prosperous situation with demand.
The 11th Five-Year Plan of epoxy resin industry in China has been formally completed recently, which will especially implement the principles of environmental friendliness, resource conservation and independent innovation. Combining the industrial environment and the needs of various industries, we can draw the following data:
1. It is estimated that China's automobile production capacity will reach120,000 vehicles in 20 10. According to the current average consumption of 5 kilograms of epoxy resin for a car, the consumption of epoxy resin in China automobile industry in 20 10 is about 60,000 tons, and it is estimated that the amount of epoxy resin needed for the maintenance of automobile refinish paint is about 90,000 tons.
2. Epoxy resin coatings needed by shipbuilding industry and marine industry have attractive prospects. 2 1 century is "the century of ocean" and a new era of ocean development. From now until 20 10, it will be a great development period of the world shipbuilding industry, and the global demand for all kinds of ships will increase by 50%. China has become one of the largest shipping and shipbuilding countries in the world, and many industries such as wharf facilities, offshore buildings, drilling platforms, oil pipelines and mariculture facilities also need a lot of epoxy coatings (anti-corrosion, marine biological pollution). In the next five years, there will be a great demand for epoxy zinc powder workshop primer, epoxy iron red workshop primer, epoxy stripping antirust paint, epoxy paint for oil tank ballast tank, epoxy resin soft can paint, and epoxy anticorrosive paint for marine engineering and marine construction. Experts predict that China's shipbuilding industry and marine industry will need about150,000 tons of epoxy resin in 2065.438+00.
3. Container industry: The container industry in China has developed rapidly and has become the largest container producer in the world. It is estimated that in 20 10, about 70,000 tons of container coatings will be needed and about 50,000 tons of epoxy resin will be consumed.
4. Canned food industry: With the improvement of living standards, the manufacturing industry of canned food and food storage containers continues to develop at a high speed, and the demand for epoxy resin for canned coatings is increasing.
H. KAgarwal, President of India Aditya Billa Chemical (Thailand) Co., Ltd., recently said at the Third Phenol Ketone and Derivatives Conference in Beijing that China will be the only country that will maintain a deficit in the Asian epoxy resin market in the next three years. In addition, in 2008, the production capacity of epoxy resin in Chinese mainland was 420,000 tons/year, the demand was 445,000 tons/year, and there was a shortage of 24,000 tons/year. Experts from China (www.epoxy-e.cn) Epoxy Resin Industry Association commented on this news, saying that H.KAgarwal's assertion pointed out the global surplus of epoxy resin and the shortage of China, which is correct; However, the data it quoted was a few years ago. Traditionally, the data will not change much in a few years, but the fact is just the opposite. The rapid development of epoxy resin industry in China can be seen from the analysis errors caused by such great changes.
At the 3rd Phenol/Ketone and Derivatives Conference held in Beijing on February 24th, Agarwal said that the demand growth rate of epoxy resin in Chinese mainland in the next three years is expected to be 7.4%, which is significantly higher than that of Japan, Chinese mainland, Taiwan Province Province of China and South Korea, and the demand growth rates of the latter three are expected to be 0.93%, 3.5% and 5.2% respectively. By 2008, China will be able to produce nearly 42 1 10,000 tons/year of epoxy resin, with a demand of 445,000 tons/year, resulting in a shortage of 24,000 tons/year. In fact, in recent five years, the average growth rate of production and demand of epoxy resin in Chinese mainland has exceeded 20%. In 2005, the output and consumption of epoxy resin in Chinese mainland were 320,000 tons and 620,000 tons respectively. Experts from China Epoxy Resin Industry Association (www.epoxy-e.cn) said that this far "exceeded" Mr. H.KAgarwal's prediction in 2008.
Mr. H.KAgarwal also said that in 2008, the production capacity of epoxy resin in Taiwan Province Province of China reached 373,000 tons/year, while its demand was only 654.38+005 million tons/year, resulting in a surplus of 268,000 tons/year. Chinese mainland's high growth rate can hardly alleviate the oversupply in Asia. In 2005, the total demand for epoxy resin in Asia was 737,000 tons/year, while the total output was 6.5438+200,000 tons/year, leaving 463,000 tons/year. This supply and demand situation is not expected to improve, because the total output of epoxy resin in Asia in 2008 is estimated to be 6,543,807 tons, while the total demand is 857,000 tons, with a surplus of 450,000 tons. These figures are also quite different. In fact, in 2005, the demand for epoxy resin in Asia was about 620,000 tons in Chinese mainland, 200,000 tons in Taiwan Province and 6,543.8+0.8 million tons in Japan, plus the concept that other countries and regions were not 857,000 tons. According to the incomplete statistics of experts in www.epoxy-e.cn, China, the global epoxy resin production capacity reaches at least 2,086,200 tons/year, with China accounting for 32.77% of the total production capacity, of which the mainland accounts for 15.4%. The production capacity of epoxy resin in Chinese mainland increased from 65,438+50,000 tons/year in 1999, accounting for 2.99% of the world total, to 320,000 tons/year in 2005, accounting for 65,438+5.4% of the world total, which is an achievement attracting worldwide attention. China has become a major producer and consumer of epoxy resin in the world.
In 2006, the production capacity of epoxy resin in Chinese mainland has reached 450,000 tons/year, and the production capacity under construction is about 654.38+10,000 tons/year. Worldwide, the production capacity of epoxy resin has been surplus, but it is still in short supply in Chinese mainland, but the shortage is special products rather than unconventional products. Experts from China (www.epoxy-e.cn) Epoxy Resin Industry Association stressed that the industry must fully consider this situation when investing to avoid low-level redundant construction and rushing headlong into it. To this end, we must adhere to the following principles: First, we must change the product idea based on 6 10 1. The bisphenol A epoxy system products are the mainstream of the world epoxy industry, but the basic resin should be 6 18 epoxy resin. For a long time, the production of epoxy resin in China has been based on 10 1 or E-44. However, the output of basic resin 6 18 or E-5 1 is very small, which is the fact that China used hand paste method to produce FRP in the past. Now the situation has changed. We can't stick to the product 6 10 1. We should broaden our thinking and produce new products with no solvent, low viscosity and no modification. The second is to develop epoxy resin products that are in short supply at present. At present, the annual consumption of epoxy resin in China has reached about 300 thousand tons, but half of it still depends on imports. The epoxy resin in China is mainly bisphenol A, and the curing agent, active diluent and additives are not well matched. 150 many epoxy resin factories mostly compete for bisphenol a epoxy resin, and some promising runways are given to foreign investors. Such as heat-resistant series, flame-retardant series, water-soluble series and high-purity series, there are few domestic manufacturers. In fact, phenolic epoxy, o-cresol formaldehyde epoxy, bisphenol F epoxy, alicyclic epoxy, phosphorus-containing epoxy, photocurable epoxy and waterborne epoxy are all promising products at present. The third is to develop new products that are conducive to environmental protection. Now all walks of life attach great importance to environmental protection, and many "green" products have appeared on the market. To this end, the raw materials used are also required. For example, a large number of brominated epoxy resins are used as castable materials for copper clad laminates and flame retardant electrical appliances, and bromides are limited to some extent because they destroy the ozone structure of the atmosphere. Therefore, the production of halogen-free flame retardant epoxy resin must be considered as soon as possible; Fourth, take the road of cooperation and develop epoxy system products. The production and scientific research of epoxy resin in China started not late, but the development speed is a little slow. At home, there are also some powerful scientific research units and universities for epoxy resin production, which developed many advanced production technologies and products at that time, but they were not popularized for some reasons. Now many units adopt new mechanisms to encourage scientific research and development, thinking that the speed of developing new technologies and new products will be faster than before.
Facts since the reform and opening up have proved that China's epoxy resin industry is confident and capable of developing China's epoxy resin industry. When the China market was just opened, a large number of foreign epoxy resins poured into the China market. Domestic epoxy resin was once overwhelmed, and the share of foreign epoxy resin in the domestic market was as high as 65%. Up to now, although the imported epoxy resin is about 300,000 tons, the domestic epoxy resin output has reached about 300,000 tons, and the domestic epoxy resin and foreign epoxy resin are equally divided. Moreover, in terms of epoxy resin export, although the total amount is very small, enterprises such as Bluestar New Materials Wuxi Resin Factory have achieved batch export. Since last year, the export of this factory has greatly increased, which also shows that China's epoxy resin has the ability to enter the international market.
Recently, due to the unsatisfactory start-up of downstream industries and the low price of raw material bisphenol A, the domestic epoxy resin market has been fatigued with a drop of 300 ~ 500 yuan/ton in about 10 day. At present, the mainstream price of liquid resin is 23,000-24,000 yuan/ton in East China, 24,000-24,500 yuan/ton in South China, 23,000-24,000 yuan/ton in North China and 23,500-24,500 yuan/ton in Northeast China, and the mainstream price of solid resin is18800-/kloc-0.
The prices of bisphenol A and epichlorohydrin, two main raw materials of epoxy resin, were weak in the early stage. The high epichlorohydrin makes the epoxy resin bear the cost pain, and the continued downturn of bisphenol A makes the price of epoxy resin want a refund. With the downward adjustment of epichlorohydrin market, the price of epoxy resin drops rapidly. According to the market analyst of China Epoxy Resin Industry Association (www.epoxy-e.cn), the price of liquid epoxy resin 6 18(E-5 1) is 23,500 ~ 24,000 yuan/ton, and the price of 61kloc-0/(e-44) is 23,000 yuan. The adjustment of epichlorohydrin market has changed from the exhaustion of solid and flat liquid to the exhaustion of liquid and flat solid. Last Friday (March 10), East China, South China, North China and Northeast China all fell.
At present, another characteristic of domestic epoxy resin market is high external market and weak domestic trade. Although we also feel the pressure of difficult shipment, the import market of epoxy resin is still firm, with the price of Hexion (former Shell) 828 in the United States ranging from 27,000 to 27,500 yuan/ton, South Asia128 (E-51) in Taiwan Province Province ranging from 24,800 to 25,000 yuan/ton, and Dow 3,365,000 yuan/ton. Market participants from www.epoxy-e.cn, China Epoxy Resin Industry Association said that Dow Chemical plans to raise the US dollar quotation of epoxy resin in mid-March, and the external market price of Hansen in the United States increased by US$ 65,438+000/ton compared with the previous period.
Judging from the supply of raw materials, it is difficult to reduce the current cost. Although the epichlorohydrin market has been lowered, the space is limited, which can be said to be limited. Recently, the overall turnover of epichlorohydrin in China has not improved significantly. Due to the continuous weakness of the downstream epoxy resin market in the early stage and insufficient demand, there is invisible pressure. On the one hand, the external market price is on the high side, the market supply is general, and the traders' intention of hoarding goods is not strong. On the other hand, the price of domestic manufacturers is stable and the supply of goods is smooth, which leads to a stalemate in the market price. At present, it is good for the downstream epoxy resin to improve slightly, but about 2000 tons of epichlorohydrin was imported to Hong Kong last weekend. In view of the fact that the price of epichlorohydrin has been hovering at a high level before, its market upward momentum is insufficient, and the recent trend fluctuation space is limited. However, with the increasing efforts of traders to push prices, the price of bisphenol A in the mainstream market in East China has risen to11800 ~11900 yuan/ton, and the transaction situation has improved. According to the analysis of market participants of China Epoxy Resin Industry Association (www.epoxy-e.cn), the phenomenon of bisphenol A hanging upside down has been maintained for a long time. In addition, the phenol ketone and bisphenol A plants in the Asia-Pacific region have been gradually overhauled in the near future, and there is little possibility that the external market will go down, which will form a rebound support for the domestic trade market. At the same time, due to the slowdown of the downstream epoxy resin market, the bisphenol A market has returned to the platform of10.2 million yuan/ton.
Evaluation and analysis of price (yuan/ton) fluctuation range (%)
The price of epoxy resin E-5 1 24500/ rose slightly due to the influence of raw materials.
Epoxy resin E-54 24800/ ditto
Epoxy resin E-44 24000/ ditto
Epoxy resin E-20 23500/ ditto
Epoxy resin E- 12 24000/ ditto
Phenolic epoxy resin F-5 1 33000~35000/
Curing agent 1044 16000/ is nontoxic and cost-effective.
Curing agent 254422000/ is nontoxic and cost-effective.
Anti-theft device T-3 114500 ~17500/Due to different product quality and raw materials, there is a big difference between true and false T-31.
Curing agent 650 20000/
Curing agent 65 1 23000/
H300 22000/
Curing agent 593 28000 ~ 34000/ Some manufacturers use 59 1 as 593 to enter the market at a low price.
Curing agent 1 13 19000/ As the main raw material DDM is mainly produced in East China, the price in South China is higher.
Curing agent (for floor coating) 42000/
Curing agent (for crystal glue) 43000/
Vulcanizing agent (for grinding rubber) 62000/
Methyl tetrahydrophthalic anhydride 9 10 16500/
Accelerator DMP30 22000/
Accelerator dimethyl benzylamine 38000/
Dilution release agent 660A 30000/
Dilution release agent 66 1 16000/
Dilution release agent 6630 30000/
In the early stage, the price of epichlorohydrin continued to rise, which led to a gradual increase in the price of epoxy resin, and the price of bisphenol A was relatively stable, which formed a certain high pressure on the price of epoxy resin, so the fluctuation of epoxy resin was not great. In the early stage, large-scale equipment such as South Asia will be put into production soon, which will have an impact on the market and have a psychological shadow on people in the industry. Many manufacturers will reduce their inventory and wait and see, but the sudden change in the situation has not appeared. The main reason is that the expansion of epoxy production exceeds the supply of ECH in the previous period, and the price increase of ECH limits the cost of epoxy resin, leaving no room for it to fall back. In addition, the export of domestic epoxy resin has increased greatly, and domestic consumption has gradually entered the peak season, so it is predicted that the price of epoxy resin will still show an upward trend in March, April and May.