The hottest South Korea increased exports of liqui

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South Korea increases liquid epoxy resin exports to Europe

insiders recently said that South Korean manufacturers will increase liquid epoxy resin exports to the EU, because the free trade agreement between the EU and South Korea came into force on July 1, and South Korea enjoys zero tariff preferences for European exports. Previously, the import tariff of liquid epoxy resin exported by South Korea to the EU was 6.5%. In addition, due to the low price of raw materials and the weak demand in the Chinese market, the spot price of liquid epoxy resin in Asia continues to fall in the next 5 to 10 years and then restart the computer. Manufacturers hope to increase exports to other regions

according to ICIS statistics, on July 5, the price of liquid epoxy resin in containerized tanks was $3150~3250 (ton price, the same below, FOB, Northeast Asia), down $100 from the previous period. In the same period, the price of epichlorohydrin, the raw material of epoxy resin production, fell by $20 to $1880~2050 (CFR, China's main port); The price of bisphenol A fell by $30 to $2000~2030 (CFR, Northeast Asia)

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