According to the bulk list data of business society, as of July 29, the average quotation price of epichlorohydrin enterprises was 13316.67 yuan / ton, down 9.41% compared with the price at the beginning of the week, up 1.91% compared with the price at the beginning of the month, and down 11.62% year-on-year in a three-month cycle.
This week, the epichlorohydrin market was weak, the overall demand performance of the market was poor, the market mentality was negative, the downstream was mainly cautious, the purchase intention was not high, the industry’s shipment was not smooth, the low-cost supply on the site continued to appear, and the market was weak and adjusted.
Upstream propylene, according to the bulk list data of business society, the recent (7.26-7.28) domestic propylene (Shandong) market has not changed much. The average market price on Monday was 7824 yuan / ton and on Wednesday was 7822.18 yuan / ton, down 0.02%.
For downstream epoxy resin, as of July 27, the liquid epoxy resin Market in East China had declined as a whole, and the high-end offer had declined significantly. The mainstream of the local market negotiated the offer of 31500-32000 yuan / ton barrel ex factory price.
Business society epichlorohydrin analysts believe that, on the whole, the current market weakness has not been significantly improved, and enterprise shipments are under pressure. However, supported by the cost side, it is expected that the epichlorohydrin market may be weak in the short term.