1、 Price trend of epichlorohydrin
(Figure: p-value curve of epichlorohydrin product)
2、 Market analysis
The overall trend of epichlorohydrin market price fell in January. According to the data of the business club’s block list, as of January 31, the average quoted price of epichlorohydrin enterprises was 10900 yuan / ton, down 12.80% compared with that on January 1, and up 0.93% year-on-year in a three-month cycle.
In the first ten days of January, the market supply was relatively abundant, the manufacturers’ shipment was not smooth, the middle and lower reaches lacked confidence in the future market, the purchase intention of raw materials was not high, and the market was weak. In the middle of this year, the market continued its downward trend, the accumulated inventory increased, the follow-up of demand was insufficient, and the low price supply was frequent. In the latter half of the year, the lower reaches mainly need to prepare goods, so we should be more cautious and wait-and-see.
Upstream propylene, as of January 29, Shandong propylene market price has stabilized. According to the price chart of the business club, the propylene price fell all the way at the end of December, and began to rise on New Year’s day. It increased by about 100 yuan / ton on the 4th, and rose or stabilized in the later stage. It rose by about 250-300 yuan / ton this month. It began to decline continuously on the 21st, and dropped by 500-550 yuan / ton on the 28th. Today, it is generally stable. The market transaction is between 6900-7350 yuan / ton, and the mainstream price is still between 6900-7350 yuan / ton 000 yuan / ton. Now the factory stock pressure is too big, the shipment situation is desolate
As for downstream epoxy resin, as of January 29, the liquid epoxy resin in East China has been running smoothly at a high level, the mainstream negotiation price is 25800-27000 yuan / ton, the factory mainly delivers orders, and the logistics transportation is limited near the end of the year.
3、 Future forecast
According to epichlorohydrin analysts of business news agency, the overall trend of epichlorohydrin in January was downward. In February, there was no pressure on manufacturers’ stock at present, and most of the downstream companies needed to follow up. With the end of pre Festival stock preparation in the downstream, it is expected that the epichlorohydrin market will be adjusted in a narrow range in the short term, and more attention should be paid to market information guidance.