I. The price trend of epichlorohydrin:
According to the data of business associations’list, the market price of epichlorohydrin rose by 6.16% as of July 9, compared with last Tuesday (July 2). Today, the mainstream price of epichlorohydrin in China is 16,000-17,000 yuan/ton.
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II. Market analysis:
Products: Epichlorohydrin market is rising. At present, the situation of spot supply is still tense, low-price supply is difficult to find, manufacturers have no pressure on shipment, rising sentiment is not reduced, and the holders make high offers. Downstream and terminal cautious wait-and-see atmosphere increased, just need to replenish the main, limited turnover. At present, the mainstream quotation in the East China market is around 16,200 yuan/ton, and the acceptance is delivered to the surrounding areas. Mainstream quotation in Shandong market is around 16 000 yuan/ton, self-raised. Mainstream market quotation in Huangshan area is around 16200 yuan/ton, accepted and delivered.
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Industry chain: The market price of upstream propylene in Shandong has risen slightly again. Recently, the price of propylene enterprises in Shandong Province began to rise on July 2 and rose by 400 yuan/ton on July 5. After a few days of stable price, it rose by 50-100 yuan/ton. At present, the mainstream market turnover is about 8000-8200 yuan/ton, and the mainstream price is as high as 8100 yuan/ton. Downstream epoxy resin, double raw materials rise and fall, production costs remain high, and some manufacturers are willing to increase.
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3. Future market forecast:
According to business associations, the domestic epichlorohydrin market will be dominated by high-level finishing in the short term.