In October, the domestic epoxy resin market was affected by the decline of dual raw materials, and the market continued to decline. On September 30, the reference offer range of East China liquid epoxy resin was 20500-21000 yuan/ton; as of October 21, the offer range of East China liquid epoxy resin market was 18000-18500 yuan/ton; on September 30, the offer range of Huangshan solid epoxy resin market was 19000-19500 yuan/ton; on October 21, the offer range of Huangshan solid epoxy resin workplace fell to 17000-17500 yuan/ton; so far, all major mainstream markets have dropped by 2000-2500 yuan/ton, with a large decline.

The raw material bisphenol A market declined significantly in October, lacking support for the downstream. At the end of September, with the decline of demand, the market for bisphenol A fell, and after the festival, it entered a sharp decline trend. Under the influence of various negative effects, such as the overall decline of the industrial chain and the negative effects of supply and demand, as well as the decline of several consecutive auctions, the market for bisphenol A fell sharply, and only 10 working days ago, bisphenol A has given back all its gains in September. As of October 18, the mainstream offer of bisphenol A market was 12800-13200 yuan/ton. After two days of bottoming, the market rebounded slightly by 200-300 yuan/ton. On October 21, the market negotiation was about 13300 yuan/ton.

The epichlorohydrin market fell sharply. After the festival, the raw material propylene was weak and declined. The cost of propylene method had little impact. The cost pressure of glycerin method remained. The factory was active in shipping, but the downstream mainly consumed the raw materials in stock. The low price just required small orders to replenish. The enthusiasm of inquiry was not high. The shipment of the cargo holders was not smooth. The mentality of the operators was under pressure. The market atmosphere was light and the focus of the epichlorohydrin market negotiation was down. As of October 21, the epichlorohydrin market fell to 10500 yuan/ton, with a cumulative decline of 850 yuan/ton, or 7.3%. At present, the shipment of the cargo holders is under pressure, and the market mentality is insufficient. It is expected that the epichlorohydrin market will be weak in the short term.

The contradiction between supply and demand of epoxy resin is still sharp, and the market atmosphere is relatively cold. The resin manufacturers’ shipments continue to be under pressure, mostly following the price reduction of raw materials. The business community expects that the market will be stable after a period of decline. With the small rebound of bisphenol A market, it is difficult to find the low offer of liquid resin market in East China, and the short-term stability of the epoxy resin market is the main thing.