1、 Price trend of epichlorohydrin:
(Figure: P value curve of epichlorohydrin product)
2、 Market analysis:
| PVA |
According to the data of the business club’s bulk list, the market price of epichlorohydrin was mainly stable on May 27, with some enterprises adjusting their prices. On May 27, the average price quoted by domestic epichlorohydrin enterprises was 10900 yuan / ton, down 0.91% compared with yesterday, and up 10.10% compared with May 6. In this stage (5.6-5.27), the overall market price of epichlorohydrin showed a fluctuating upward trend. Recently, the price of propylene raw material has declined, and the cost support has weakened. However, the spot supply of epichlorohydrin is in short supply, and the downstream just needs replenishment. The mainstream quotation of epichlorohydrin market on May 27 is about 10500-11000 yuan / ton.
The epichlorohydrin commodity index on May 26 was 77.68, unchanged from yesterday, down 41.90% from 133.71 (2019-10-29), the highest point in the cycle, and up 65.81% from 46.85, the lowest point on September 7, 2016. (Note: cycle refers to 2011-09-01 to now)
On May 26, the market price of upstream propylene in Shandong continued to decline. 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 day, the price increased by 100 yuan / ton again. On the 7th, 8th and 9th day, the price increased by 50 yuan / ton continuously. On the 10th day, some enterprises continued to increase by 50 yuan / ton. On the 11th day, the price increased by 50 yuan / ton again. On the 12th day, it increased by 100-200 yuan / ton obviously. On the 13th day, it continued to increase by 100-200 yuan / ton. On the 14th day, it increased by 50-100 yuan / ton again. On the 15th day, it still increased by 50-100 yuan / ton on weekends Until 22, the upward trend remained unchanged. The daily upward trend was 50-100 yuan / ton. On 22, the price finally began to stabilize. On the weekend, the price of propylene fell slightly. On 25, the price of propylene fell again by 50-150 yuan / ton. On 26, the price still fell by about 100 yuan / ton. The market turnover was between 6670-6950 yuan / ton, and the mainstream price was about 6700 yuan / ton. 26 downstream epoxy resin high-level finishing operation, downstream just need replenishment.
| PVA 0588 ( PVA BP05) |
According to the price monitoring of the business agency, there are eight kinds of commodities in the list of commodity prices rising and falling on May 26, 2020, among which the top three commodities are ox (5.00%), bisphenol A (3.66%) and R22 (2.30%). There are 15 kinds of commodities falling on a month on month basis, and 1 kind of commodities falling by more than 5%, accounting for 1.1% of the number of commodities monitored in this sector; the top three products falling are R134a (- 7.38%), lithium iron phosphate (- 2.63%), lithium carbonate (- 1.46%). The average price of this day was – 0.06%.
3、 Future forecast:
According to the epichlorohydrin analysts of the business club, it is expected that the market of epichlorohydrin will be dominated by high-level consolidation and operation in the short term, and the specific trend needs to pay more attention to the information guidance of all aspects of the market.
| POLYVINYL ALCOHOL |