Epichlorohydrin market atmosphere is light

1、 Price trend of epichlorohydrin

 

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(Figure: P value curve of epichlorohydrin product)

 

2、 Market analysis

 

Recently (9.14-9.21), epichlorohydrin market first rose and then fell, and the market atmosphere on September 21 was light. As of September 21, the average price quoted by epichlorohydrin enterprises was 11500 yuan / ton, which was 0.88% higher than last Monday (September 14) and 10.58% higher than that of August 21, according to the large list data of business agency. At present, the price of raw material propylene is high, the opening of the early week, the downstream market inquiry enthusiasm is general, cautious wait-and-see, epichlorohydrin market atmosphere is light.

 

According to the data monitoring of the business agency, the price of epichlorohydrin of some enterprises is summarized (for reference only, the spot price of merchants is subject to the market, and the actual transaction price is mainly negotiated.)

 

Enterprise market price specification date

Jinan Mingwei Chemical Co., Ltd.? 11500 yuan / ton; 99.9% Min: 2020-09-21

Jinan Mingyu Chemical Co., Ltd. 11500 yuan / ton national standard 99.9-2020-09-21

Jinan planhua Chemical Co., Ltd. $11100 / T national standard 99.9-2020-09-21

Aite (Shandong) new materials Co., Ltd. $11500 / T premium products; 99.9% Min: 2020-09-21

Zibo tengshuo economic and Trade Co., Ltd. $10900 / T, excellent products; 99.9% Min: September 21, 2020

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Upstream propylene, as of September 18, the market price of propylene in Shandong remained stable. According to the price chart of the business agency, since September 1, the price of propylene has been on the rise continuously, and the upward range is getting larger and larger. Up to the 4th, the price rose by 300 yuan / ton. From the 7th to the 10th, the first round of reduction was made, with a total reduction of 100-150 yuan / ton. After that, it was slightly stable. The price went up again on the 13th and rose by about 350 yuan / ton on the 17th. Today, the price began to stabilize. The market transaction is now at 7300-760 0 yuan / ton, and the mainstream price is about 7450 yuan / ton. Low inventory, smooth propylene delivery.

 

Downstream epoxy resin, at present, the cost of epoxy resin is still under pressure, the carrier firm offer, downstream resistance to high price raw materials, market atmosphere stalemate.

 

3、 Future forecast

 

According to the analysts of epichlorohydrin of the business agency, the price of propylene is high in recent years, and the cost side has certain support. The downstream market inquiry is limited. They hold a cautious and wait-and-see attitude towards high price raw materials. It is expected that in the short term, the epichlorohydrin market may be stagnant, and the specific trend needs more attention to market information guidance.

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