Epichlorohydrin market is mainly stable, and the atmosphere is light

1、 Price trend of epichlorohydrin

 

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(Figure: P value curve of epichlorohydrin product)

 

2、 Market analysis

 

Recently, epichlorohydrin market is mainly stable. As of August 19, the average price quoted by epichlorohydrin enterprises was 10266.67 yuan / ton, which was flat compared with the beginning of the week, and increased by 3.01% compared with July 19.

 

At the beginning of the week, the average quoted price of epichlorohydrin enterprises was 10266.67 yuan / ton. The price of raw material propylene was high, and the superimposed supply was too tight to support. The shippers offered their prices. The downstream operation was cautious, and the atmosphere of market real offer negotiation was light. On the 19th, the price of raw material propylene market rose slightly, but the downstream inquiry enthusiasm was not high, small orders just needed to replenish, and most of the shippers made stable offers, and the market continued to wait-and-see attitude. The epichlorohydrin commodity index on August 19 was 72.50, flat with yesterday, down 45.78% from 133.71 (October 29, 2019), and 54.75% higher than 46.85, the lowest point on September 07, 2016. (Note: period refers to 2011-09-01 to now)

 

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 aochen Chemical Co., Ltd. 9800 yuan / T premium product; 99.9% Min: 2020-08-19

It is 9800 yuan / T superior product of Aite (Shandong) new material Co., Ltd.; 99.9% Min: 2020-08-19

Jinan Mingyu Chemical Co., Ltd. 9800 yuan / ton national standard 99.9-2020-08-19

Zibo tengshuo economic and Trade Co., Ltd. $9600 / T, excellent products; 99.9% Min: 2020-08-18

Jinan planhua Chemical Co., Ltd. $9800 / T national standard 99.9-2020-08-18

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Upstream propylene, on August 19, the price of propylene market in Shandong region rose slightly. According to the price chart of business agency, the recent price of propylene fluctuates periodically, and the price range of recent fluctuation has broken through. At the beginning of August, the prices were at the high level in the range. Since the end of the week, the prices of some enterprises have been slightly up and down, and they have remained stable on the 5th. From 6th to 10th, the first round of rising trend of breaking through the range of this month was started. On the 11th, the prices of some enterprises went down, and on the 14th, the prices continued to decline. On the 17th, the prices continued to maintain stability, and on the 18th, they began to rise partially, but still More than half of the enterprises’ prices have not changed. The current market turnover is between 6950 and 7250 yuan / ton, and the mainstream price is about 6950 yuan / ton. Propylene manufacturers to ship smoothly, inventory without pressure.

 

Downstream epoxy resin: on August 19, the downstream epoxy resin made a high-level offer, and the shippers were free of pressure. The high-level offer was mainly based on the downstream demand.

 

3、 Future forecast

 

Epichlorohydrin analysts of the business agency believe that at present, the price of propylene raw materials has risen slightly, the cost side has certain support, and there is no inventory pressure on the spot, but the enthusiasm of the downstream market is insufficient, the buying atmosphere is quiet, and the market mentality is more cautious and wait-and-see. It is expected that the epichlorohydrin market may be stagnant in the short term, and more attention should be paid to the market information guidance.

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