1、 Price trend of epichlorohydrin
(Figure: p-value curve of epichlorohydrin product)
2、 Market analysis
According to the data of the business club’s block list, as of March 9, the average price quoted by epichlorohydrin enterprises was 11866.67 yuan / ton, up 5.01% compared with the price at the beginning of the month, up 8.87% compared with February 9, and down 5.07% compared with January 1.
The market price of epichlorohydrin has risen since the beginning of March. At present, the price of propylene is rising, and the cost support of epichlorohydrin is strengthened. The market attitude of price support in the market appears, and the focus of market negotiation moves up. However, the downstream buying is just needed, and the market atmosphere is deadlocked.
As of March 8, the market price of propylene in Shandong has obviously picked up. According to the price chart of the business club, affected by the upstream and downstream, the propylene price rose again and again in the second half of February, which was at a high level for many years. It remained stable at the end of the month and the beginning of the month. The price began to decline on the 4th. Today, the price generally rebounded, up 100-150 yuan / ton. Now, the market transaction is between 8350-8650 yuan / ton, and the mainstream price is about 8350 yuan / ton.
As of March 8, the downstream epoxy resin has been running as a whole in the high level section. Bisphenol A, the raw material, has stopped falling and rebounded, cost support has been strengthened, and manufacturers’ mentality has been supported. However, downstream companies are cautious about high prices and maintain just need replenishment. At present, the price reference of East China liquid epoxy resin negotiation is 31000-32000 yuan / ton.
3、 Future forecast
According to epichlorohydrin analysts of business news agency, at present, the holding companies are pushing up, and the downstream just needs to purchase. The inquiry is slightly general. However, supported by the high level of raw materials, it is expected that the epichlorohydrin market may be deadlocked in the short term, and more attention should be paid to the market information guidance.
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