Epichlorohydrin price has declined by more than 24% since the beginning of November

I. price trend of epichlorohydrin:

According to the data in the business club’s large list, the overall market price of epichlorohydrin has declined in recent days. As of 19, the average price of epichlorohydrin enterprises was 14233.33 yuan / ton, down 24.29% compared with November 1. In a three-month cycle, it rose 5.69% year-on-year.

II. Market analysis:

Product: epichlorohydrin market fell recently. Due to the impact of the new device being put into operation, the wait-and-see mood on the site has increased, the market transaction atmosphere is weak, the user’s enthusiasm for purchasing high-priced raw materials is low, more traders reduce their prices, and the negotiation focus tends to be low-end. At present, the main quotation of epichlorohydrin market in China is about 13000-14500 yuan / ton.

Industrial chain: the market of propylene in Shandong continued to decline on the 19th. At present, the market turnover is still around 7120-7450 yuan / ton, and the mainstream price is 7200 yuan / ton. At present, the supply of goods in Northeast China has been reduced, but some powder manufacturers have stopped for maintenance, and the demand has also been reduced. The crude oil and PP market is generally, and it is expected that the market price of propylene will still decline in recent days. Downstream epoxy resin weak operation, trading atmosphere light.

3. Future forecast:

According to the epichlorohydrin analysts of the business club, the price of raw propylene is weak, the cost support of epichlorohydrin is weak, the downstream epoxy resin is weak, and the market wait-and-see atmosphere is not reduced. At present, there is no obvious positive factor in the market, and the epichlorohydrin is not strong enough. It is expected that epichlorohydrin market will be dominated by weak shocks in the short term, and it is still necessary to focus on the information guidance of unit start-up