In July, the export volume of epoxy resin remained at a high level, while the import volume hit a historic low. Currently, there is sufficient supply of epoxy resin in China, and there is still a large amount of production capacity to be put into operation in the second half of the year. It is expected that exports will increase significantly, and the situation of continuous import reduction will continue.
The import volume in July 2023 was 9445 tons, a significant decrease of 46.7% year-on-year and 36.1% month on month, with an average import price of $4354 per ton.
The export volume in July 2023 was 12826 tons, an increase of 0.02% year-on-year. A month on month decrease of 10.2%, with an average export price of 2471 US dollars per ton.
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