According to the bulk list data of business cooperatives, as of December 12, the average price quoted by epichlorohydrin enterprises was 9100.00 yuan/ton, up 0.74% compared with last Tuesday (December 6).
| POLYVINYL ALCOHOL |
Recently, the market price of epichlorohydrin has been adjusted steadily. From the perspective of supply and demand: in the near future, the capacity utilization rate of epichlorohydrin is low. The production enterprises mainly deliver orders, and there is no pressure on the supply side. However, the downstream market inquiries are limited, the purchasing enthusiasm is not high, and the market atmosphere is stalemate. The focus of epichlorohydrin negotiations is mainly stable, with narrow adjustments.
From the upstream and downstream perspective: recently, the price of raw propylene is weak, the raw glycerin is stable, and the cost support for epichlorohydrin is weakened. The reference price of the downstream epoxy resin was 15700.00 on December 9, a decrease of 4.07% compared with December 1 (16366.67), which was insufficient to support the epichlorohydrin market.
According to the epichlorohydrin analysts of the business community, the current cost support is average. The downstream just needs small orders to follow up, and the market atmosphere is light. It is expected that the epichlorohydrin market will wait and see in the short term, and more attention should be paid to the supply side.
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