July is the traditional off-season for demand, and some downstream production has slightly decreased due to the impact of high temperatures. Overall, the enthusiasm for entering the market for procurement is average, and rigid demand procurement is maintained as the main focus. However, the downstream wind power industry has a strong demand for orders, which provides support for the price of epoxy resin. In the latter half of the year, the quotation for epoxy resin has increased slightly, but downstream demand is not strong enough to catch up, and the overall stability of enterprise quotations is mainly maintained.

On the supply side, according to statistics, the average operating load rate of the liquid epoxy resin industry during the month was 60%. The spot supply in the market is still relatively abundant, and the market supply and demand are relatively weak.
Due to relatively abundant supply and insufficient demand support, the bisphenol A market continues to decline in negotiations, and there is little positive support in August. The supply of epichlorohydrin in the market has increased, and some companies have offered discounts for shipments. Market offers have followed suit and the support for epoxy resin costs has weakened
Business Society expects a slight increase in the epoxy resin market. The supply side is expected to decline; The demand side has not changed much compared to July. Overall, the spot supply in August may still be relatively abundant, with production companies selling flexibly based on their own orders and inventory. Some companies have wind power orders to support prices, which may be relatively firm, while others may follow suit or have relatively slower prices. The price of epoxy resin is expected to rise slightly in August, with an expected operating range of 13400-14500 yuan/ton.