1、 Price trend of epichlorohydrin:
(Figure: P value curve of epichlorohydrin product)
2、 Market analysis:
Product: according to the monitoring data of the business agency, the market of epichlorohydrin has increased recently. As of May 12, the average price quoted by epichlorohydrin enterprises was 10300 yuan / ton, up 4.04% compared with May 6 and 14.02% compared with April 1. In recent years, the price of raw material propylene has been rising continuously, the cost support has been strengthened, the spot supply has been relatively tight, the supply of low-cost goods in the market has been reduced, the price of the buyer has been firm, the news of Jiangsu Haixing plant has been heard, and the downstream buyer is cautious in operation, with strong wait-and-see mood. At present, the market price of epichlorohydrin is 9800-11000 yuan / ton.
On May 11, the epichlorohydrin commodity index was 70.86, unchanged from yesterday, down 47.00% from 133.71 (2019-10-29), the highest point in the cycle, and up 51.25% from 46.85, the lowest point on September 7, 2016. (Note: cycle refers to 2011-09-01 to now)
Industrial chain: on May 11, the market price of propylene in Shandong continued to rise. Last month, the price of propylene in Shandong Province rose sharply and fell sharply, and then it held steady again, and the market was stable. During the May 1st period, the price of propylene slightly increased by about 50 yuan / ton. On the 6th, the price increased by 100 yuan / ton again. On the 7th, 8th and 9th, the price increased by 50 yuan / ton continuously. On the 10th, some enterprises continued to increase by 50 yuan / ton. On the 11th, the price increased by 50 yuan / ton. On the 11th, the market transaction was between 6250-6400 yuan / ton, and the mainstream price was between 6250-6300 yuan / ton. On November 11, the market price of epoxy resin in the downstream rose, and the focus of market negotiation rose with the support of production cost.
Industry: according to the price monitoring of the business agency, there are 26 kinds of commodities in the rise and fall list of bulk commodity prices on May 11, 2020, among which there are 5 kinds of commodities with an increase rate of more than 5%, accounting for 5.6% of the number of commodities monitored in this sector; the top 3 commodities with an increase rate are TDI (10.33%), propionic acid (7.66%) and polymerized MDI (5.78%). There are 13 kinds of commodities falling on a month on month basis, with 2 kinds of commodities falling by more than 5%, accounting for 2.2% of the number of commodities monitored in this sector; the top three products falling are propane (- 5.71%), sulfuric acid (- 5.60%), monoammonium phosphate (- 4.37%). The average price of this day is 0.42%.
3、 Future forecast:
According to the epichlorohydrin analysts of the business club, it is expected that the epichlorohydrin market will consolidate and wait for operation in the short term, and the specific trend needs to pay more attention to the guidance of market news.