1、 Price trend of epichlorohydrin:
According to the data of the business club’s bulk list, the market of epichlorohydrin has fallen first and then risen since the beginning of December. As of the 24th, the average price of epichlorohydrin enterprises was 13900 yuan / ton, up 8.31% compared with December 1st. On December 24, the epichlorohydrin commodity index was 98.16, up 2.35 points from yesterday, down 26.59% from 133.71 (2019-10-29), and up 109.52% from 46.85, the lowest point on September 7, 2016. (Note: cycle refers to 2011-09-01 to now)
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2、 Market analysis:
Product: recent epichlorohydrin market fell first and then rose. On December 1, the average price of epichlorohydrin enterprises was 12833.33 yuan / ton, and on December 3, the mainstream price of epichlorohydrin market was 12000-13500 yuan / ton, with the majority of profits offered by manufacturers. The downstream was lack of confidence in the future market, and the trading atmosphere was light. On December 9, the market price fell to 11833.33 yuan / ton. The manufacturers were not willing to ship at a low price. However, the downstream enterprises mainly consumed inventory raw materials and operated cautiously Purchase on demand, strong market wait-and-see mood. On December 16, the average price of epichlorohydrin enterprises was 12100 yuan / ton, and the downstream just need to buy increased, and the focus of market negotiation increased. On December 17, the average price of epichlorohydrin enterprises was 12166.67 yuan / ton. Due to the unstable production of some plants and equipment, the spot supply in the field was tight, and the manufacturers’ attitude of sticking to the price was obvious. On December 18, the market price of epichlorohydrin rose again, and the average price of enterprise quotation rose to 12 The price of epichlorohydrin in the market rose to 13566.67 yuan / ton on March 23. At present, the mainstream price in the domestic epichlorohydrin market is around 13700-14000 yuan / ton.
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Industrial chain: the market price of propylene in Shandong Province fluctuated slightly on the 24th. 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 has remained stable and fluctuated in a narrow range. On the 24th, the prices of individual enterprises were slightly up and down. At present, the market turnover is about 6650-7100 yuan / ton, and the main stream price is about 6650-6700 yuan / ton. On March 23, the downstream epoxy resin was affected by the rise of double raw materials, the pressure of production cost increased, and the market price rose.
3、 Future forecast:
According to the epichlorohydrin analyst of the business association, the impact of the recent upstream propylene price change on epichlorohydrin is limited, and the downstream consumption of raw materials is mainly inventory, just need to purchase. However, under the tight market situation, it is expected that the epichlorohydrin market will be high in the short term, so it is still possible to push forward, and the focus still needs to pay attention to the downstream demand information guidance.
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