1、 Price trend of epichlorohydrin
(Figure: P value curve of epichlorohydrin product)
| PVA 0588 ( PVA BP05) |
2、 Market analysis
Since July, the overall market price of epichlorohydrin has shown a downward trend. As of July 7, the average price quoted by epichlorohydrin enterprises was 10233.33 yuan / ton, down 1.92% compared with July 1 (10433.33 yuan / ton), 6.97% lower than that on June 7, and 27.76% lower than that on January 1. At present, the price of raw material propylene is on the rise, but the downstream purchasing enthusiasm is not high, the goods of the holders are not good, some offers are lower, the operators are not confident in the future market, and the trading atmosphere is light.
According to the data monitoring of the business agency, the latest price of epichlorohydrin of some enterprises (for reference only, the spot price of merchants is subject to the market, and the actual transaction price is mainly negotiated.)
On July 7, the market price of upstream propylene in Shandong continued to rise. According to the price chart of the business agency, the recent price of propylene fluctuates periodically, with a relatively stable price range. At the end of June, the price has been at a high level, stable at the beginning of the month, and then decreased continuously. After going down 200-250 yuan / ton, the price on the sixth day was adjusted back to about 100 yuan / ton. Today, it continues to rise by 50 yuan / ton. The market transaction is between 6720 and 7000 yuan / ton, and the mainstream price is about 6750 yuan / ton. The inventory pressure of propylene manufacturers has improved, the crude oil price has slightly increased, the overall downstream market operating rate is ideal, the polypropylene futures market is good, and the purchasing enthusiasm is improved. It is expected that the propylene price will continue to rise slightly in the near future.
| PVA |
On July 7, the downstream epoxy resin was dominated by weak negotiation, the overall decline of dual raw materials was obvious, the cost support was insufficient, the downstream terminal purchasing was low, and just needed replenishment.
3、 Future forecast
Epichlorohydrin analysts of the business club believe that at present, the price of raw material propylene is going up, the cost is limited, and the room for profit in the cost of epichlorohydrin is limited, and there is no obvious support from the demand side. It is expected that in the short term, the epichlorohydrin market may continue to be weak and volatile, and more attention should be paid to the change of raw material price and the transaction situation in the mainstream market.
| POLYVINYL ALCOHOL |