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Hike in ECH prices pushes up epoxy rates

12 Oct '07
1 min read

Epoxy propane price on October 10, in North China market was at 13500-13600 yuan per ton, market shipment was normal, but traders were active to make delivery.

In Shandong, epoxy propane market price remained stable. Currently, overall supply and demand in market kept in low-level, market price was supported by cost of raw materials; general price was at 13,600 yuan per tons.

Meanwhile, driven by the sharp hike in prices of epichlorohydrin (ECH) in the post-holiday season, epoxy resin factories have started raising their quotations in domestic market.

Currently, prices of liquid products have increased 500 yuan per ton on average, with mainstream price standing at 27500-27800 yuan per ton (E-44) and 27800-28300 yuan per ton (E-51).

Solid epoxy resin market also shows a positive state. Its price slightly increases with stable demand from downstream enterprises.

In Shandong, the mainstream ex-factory price of solid epoxy resin E-12 (604) is 22500-22800 yuan per ton, while in Huangshan market, the mainstream price is at 22800-23500 yuan per ton with market climate in stability.

Fibre2fashion, News Desk - China

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