Recently, due to the prices of upstream PCB raw materials of epoxy chloropropane, bisphenol A and others go crazy, part of the epoxy resin manufacturers stop offering,because there is no completely substitutes,direct result of the downstream enterprises, the epoxy resin of both upstream pcb raw material supplier and downstream pcb circuit board manufacturer are enveloped in the invisible pressure, money can’t buy is the most terrible of the arrival of the goods!
1.Epoxy resin has exploded
Earlier this year, both solid and liquid epoxy resin, the market price is in 12500 RMB/tons, The first half of the year also rose slightly, but also however 15000 RMB/tons, the second half of the year began on 1th September, Epoxy is like taking medicine, vertical climb!It doesn’t stop at all. Occasionally the price stabilizes and the next day goes up again…
Here is the time to talk with data!Compare the market price of epoxy resin for one year
Chart of market price of solid epoxy resin
From the lowest price of 11,800 RMB/ton, to 19,300 RMB per ton on November 17, it has shot up nearly 64%!!!
Liquid epoxy resin market price chart
South China region from the lowest price of 13,100 RMB/ton, to November 17, 24,800 RMB/ton, skyrocketed nearly 90 percent!!!East China area from the lowest price 15000 RMB/ton, to November 17, 25,000 RMB/ton, soaring nearly 67 percent!!!(PS: due to the lack of data in eastern China, the statistics are from March 2017 to now)
See yet?A year!In just a year, what has been going on in epoxy resins?!Up nearly 90%!It’s almost double, and the downstream companies have to cry!
2.The increase will continue
Why is the price of epoxies increased?will give you an analysis:
1. bisphenol A is going up
Originally domestic bisphenol A tight supply, coupled with the previous decision of the Ministry of Commerce of Thailand imported BPA dumping behavior,and plant suddenly stop producing bisphenol A, Bisphenol A market continues to skyrocket, and now it is near the New Year, when the factory face off work, shutdown for full implementation, bisphenol A tight supply status will last until next spring.
2.epoxy chloropropane is also going up
Epoxy-chloropropane is also high in the near term, the increase is also very considerable, the market source is the same tight, and the shipper has not made the offer, wait and see atmosphere is thick.Learned, Incremental stock market is not much, but the spot market concentration also led to a significant decline in the bargaining power of buyers,the domestic epichlorohydrin market is expected to still has certain space to rise.
3.the upstream and downstream are miserable
By double high and capacity utilization is insufficient, the influence of epoxy resin have been soaring from September until now, several sales epoxy resin in neighborhoods said publicly: “epoxy resin has the inventory is not much, need to purchase please promptly,And see the money shipped.”
And the downstream PCB Board Enterprise is more painful, In addition to high price of epoxy resin, but also a hard to find goods, Finally find the stock traders, the volume is also very low, part of the downstream pcb circuit board plant desperation to suspend orders.One of the more affected powder coating companies complained: “These SMEs simply can not buy the goods, suppliers give priority to the cash purchase business delivery, order-less delivery, workers wages, plant Rent, repayments, pressure and big!”
4.review
PCB Circuit Raw materials have always been the topic of concern, because the fluctuation of PCB raw materials is directly related to the cost, and the source of PCB raw materials is directly related to whether they can buy the goods and whether they can continue to take orders.Epoxy resin into crazy and into the magic skyrocketed higher recently, and near the end of the year, the New Year, shutdown,plant to repair machine, shortage of factors is to let the epoxy resin is difficult to cut,outlook remain bullish.
Anyway,we will promise you that we will give you the most reasonable price and best quality to suppot you,so if there is any in need of PCB or PCBA projects,welcome to contact us freely at sales@king-pcb.com.