Since March, the epoxy resin market has experienced a slight decline and gradually bottomed out, but the bearish sentiment has led to a sustained downturn in the epoxy resin market. According to the commodity analysis system of the business community, the liquid epoxy resin market in East China was quoted at 13333 yuan/ton on March 1, the liquid epoxy resin market in East China was delivered at 13000-13200 yuan/ton of purified water on March 14, and the solid epoxy resin market in Mount Huangshan was delivered at 12800-13200 yuan/ton of spot exchange on March 14.

Both bisphenol A and epichlorohydrin are operating at a disadvantage, with insufficient cost support. The domestic bisphenol A market has been experiencing a broad decline since late February, and the overall weakness in March has bottomed out. The current market offer is between 9250-9400 yuan/ton, mainly due to the sluggish upstream raw material phenol ketone, poor terminal demand, and a bearish atmosphere on the market. Traders lack confidence in the future market.

The focus of the epichlorohydrin market continues to decline, with market prices at 8075 yuan/ton as of March 14. As of 2024, the epichlorohydrin market has remained stable with little fluctuation. In the context of weak supply and demand, it is expected that epichlorohydrin will maintain a low level adjustment in the short term.

Business Society predicts a weak adjustment in the epoxy resin market, with the East China liquid resin market at 12800-13200 yuan/ton. Pay attention to the trend of new production capacity and changes in raw materials.