The market price of epichlorohydrin fell slightly in June

According to the bulk list data of business society, as of June 28, the average quotation price of epichlorohydrin enterprises was 18600.00 yuan / ton, down 0.53% compared with the price on June 1, down 1.93% year-on-year in a three-month cycle, and up 42.35% compared with the same period last year.

 

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The epichlorohydrin market fell slightly in June. In the first half of the month, the raw material propylene fell, the cost support of propylene method was weak, the price of raw glycerol was high, the cost pressure of glycerol method remained, the enterprise inventory pressure was controllable, the downstream demand was light, the demand support was weak, and the market atmosphere was weak. In the second half of the month, the prices of raw propylene and glycerin were both down, the cost support was down, some units were shut down for maintenance, the market supply was reduced, but the demand side was poor, and the market high-end negotiations were weak. With the impact of the news of the restart of some units, the market mentality was under pressure, the holders offered to ship at a profit, and the weakness of cyclopropane continued.

 

Upstream propylene, according to the bulk list data of business society, on June 28, the reference price of propylene was 7738.25, a decrease of 4.24% compared with June 1 (8080.60).

 

Downstream epoxy resin, liquid epoxy resin. On June 27, the reference price of East China liquid epoxy resin was 21200-22000 yuan / ton of purified water. The profit bottoms out, and the factory faces the risk of loss. However, at present, the downstream demand is still sluggish. Although the cargo holders continue to make profits, the terminal demand is still difficult to improve.

 

The epichlorohydrin analyst of business club believes that at present, the cost side support is general, the demand side is light, the supply and demand support is weak, and the market atmosphere is depressed. It is expected that the epichlorohydrin market may be weak in the short term, and more attention should be paid to the market news guidance.

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