1、 Price trend of epichlorohydrin:

According to the data in the business club’s large list, the market price of epichlorohydrin rose on December 18, the average price of enterprises on December 16 was 12100 yuan / ton, the average price of enterprises on December 18 was 12600 yuan / ton, and the three-day increase of epichlorohydrin was 4.13%. In a three-month cycle, it fell 4.30% year-on-year.

2、 Market analysis:

Product: market of epichlorohydrin rose recently. On the 16th, the main quotation of epichlorohydrin market was around 11800-12500 yuan / ton, the downstream just need to buy increased, and the focus of market negotiation increased. On the 17th, the average price of epichlorohydrin enterprises was 12166.67 yuan / ton. Due to the unstable production of some plant units, the spot supply in the field was tight, the manufacturers were reluctant to sell at a high price, and the willingness to ship at a low price was not strong. On the 18th, the market price of epichlorohydrin rose again Yang, the average price of the enterprise is 12600 yuan / ton, the industry is cautious in market participation, and the market is full of wait-and-see mood. At present, the mainstream price of the domestic epichlorohydrin market is around 11800-13000 yuan / ton.

Industrial chain: the market of propylene in Shandong Province was flat on the 18th. At the beginning of December, influenced by the “Black Friday” international crude oil market, the price began to decline. The price has fallen by about 400 yuan / ton this month. After that, the price remained stable. On the 18th, all prices were stable. At present, the market turnover is still around 6670-7050 yuan / ton, and the mainstream price is between 6670-6700 yuan / ton. On the 18th, the downstream epoxy resin was supported by the cost of raw materials, which reduced the supply of low-cost goods.

Industry: according to the price monitoring of the business agency, there are 9 kinds of commodities in the rise and fall list of bulk commodity prices on December 18, 2019, among which epichlorohydrin (3.56%), propane (1.53%) and styrene (0.90%) are the top three commodities. There are 11 kinds of commodities decreased on a month on month basis, and 1 kind of commodity decreased by more than 5%, accounting for 1.2% of the number of commodities monitored in this sector; the top three products decreased were chloroform (- 5.13%), acetone (- 2.63%) and butadiene (- 2.26%). The 18 day average rose or fell by – 0.09%.

3、 Future forecast:

Epichlorohydrin analysts of the business association believe that the price of propylene in the near future is generally stable, which has little impact on epichlorohydrin. The supply side is tight. Although high price raw materials inevitably cause conflicts among downstream users, manufacturers are willing to support the market, and low price is hard to find. It is expected that epichlorohydrin will increase slightly in the short term. More attention should be paid to the information guidance of upstream and downstream mainstream manufacturers.