The pressure on the cost side still exists, and it is expected that the epichlorohydrin market will be organized and run in the short term.

Source: Jintou.com

According to the list data of the business community, on September 22, the average price quoted by epichlorohydrin enterprises was 11,266.67 yuan / ton, which was the same as the price on Monday, and increased by 0.60% compared to the price on August 22 The three-month period fell 39.43% year-on-year.

The epichlorohydrin market was stable this week. Recently, the price of raw material propylene has been generally stable, and the price of raw material glycerol is mostly stable. The cost support is still there, the supply side is sufficient, and replenishment is needed’ the downstream market at a reasonable price. the atmosphere is even, and the focus of the discussions is open-ended.

Upstream propylene, according to the business association’s data monitoring, on September 21, the reference price of propylene was 7430.60, an increase of 4.65% compared to September 1 (7100.60).

Downstream epoxy resin, on September 21, the liquid epoxy resin market in East China was running strong. The mainstream negotiation was 19500-20200 barrels yuan / ton to leave the factory, and the general negotiation and the previous trading day 200.

The business company’s epichlorohydrin analyst believes that the current price of propylene and glycerine raw materials is mainly stable, the cost pressure still exists, the supply side is sufficient, the demand side is flat, and inventory is some factories under pressure. Focus on stability, organization and running, and pay more attention to market news guidance.

(Article source: Business Club)

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