1、 Price trend of epichlorohydrin
(Figure: p-value curve of epichlorohydrin product)
2、 Market analysis
Epichlorohydrin market is weak this week. As of January 8, the average price quoted by epichlorohydrin enterprises was 12333.33 yuan / ton, down 1.33% compared with the beginning of the week and the same as that on December 8, according to the data of the business club’s block list. Recently, the delivery of epichlorohydrin market is not smooth, showing a downward trend as a whole. The middle and lower reaches lack confidence in the future market, have low intention to purchase raw materials, have strong cautious wait-and-see sentiment, demand support is weak, and the atmosphere in the market 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 the merchants depends on the market, and the actual transaction price is mainly through negotiation.)
Upstream propylene, Shandong propylene market had a downward trend on January 8. On January 8, the market price of propylene in Shandong fell. According to the price chart of the business club, the propylene price declined all the way at the end of December, and began to rise on New Year’s day. On the 4th, the price was increased by about 100 yuan / ton. On the 5th and 6th, the price was mainly stable, with only a few enterprises going up. On the 8th, some prices fell. Now, the market transaction is between 7250 yuan / ton and 7500 yuan / ton, and the mainstream price is still around 7250 yuan / ton. Factory inventory is general, stable delivery.
Downstream epoxy resin, January 8 epoxy resin market range finishing operation. Bisphenol a stopped falling and rebounded, cost support was strengthened, and manufacturers were in a positive mood. However, downstream terminals were cautious in purchasing, with strong wait-and-see sentiment, and the market volume was insufficient.
3、 Future forecast
According to the epichlorohydrin analysts of the business community, at present, the cost support is limited and the market supply is relatively abundant. However, the demand is low and the shipment of the shippers is under pressure. It is expected that the epichlorohydrin market may be weak in the short term, and more attention should be paid to the market information guidance.
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