Market price of epichlorohydrin fell on January 9

1、 Price trend of epichlorohydrin:

 

Epichlorohydrin market fell, according to the data in the bulk list of business agencies. As of January 9, the average price of epichlorohydrin enterprises was 14233.33 yuan / ton, down 2.73% compared with January 8. In a three-month cycle, it fell 8.17% year-on-year.

 

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2、 Market analysis:

 

Product: epichlorohydrin market fell on January 9. The inventory of raw materials in the downstream factories is relatively abundant, and the enthusiasm for buying in the market is relatively flat. The high-end shipments of the shippers are blocked, and the prices are more reduced. At present, the main quotation of epichlorohydrin market in China is around 13500-15000 yuan / ton.

 

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Industrial chain: on January 9, the market price of the upstream propylene in Shandong area was temporarily stable. Influenced by international crude oil, domestic propylene price rebounded from the bottom at the end of December, rising continuously. On January 5 and 6, it remained stable, and on July 7 and 8, it rose again. Today, the enterprise price is generally stable. At present, the market turnover is about 6950-7300 yuan / ton, and the mainstream price is about 6950 yuan / ton. Due to the rise and fall of dual raw materials, the downstream epoxy resin has limited changes in cost support, and the high-level finishing operation is the main one.

 

3、 Future forecast:

 

According to epichlorohydrin analysts of the business agency, the price of raw propylene has been rising continuously in the near future, with strong cost support, but the downstream mainly consumes more inventory, and the purchase price is limited, which restricts the price rise of epichlorohydrin. It is expected that in the short term, epichlorohydrin market will be dominated by weak finishing operation, and more attention should be paid to the information guidance of upstream and downstream mainstream manufacturers.

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