Tight spot supply and stable operation of epichlorohydrin Market

1、 Price trend of epichlorohydrin

 

(Figure: P value curve of epichlorohydrin product)

 

2、 Market analysis

 

October 21, epichlorohydrin market strong operation. As of October 21, the average price quoted by epichlorohydrin enterprises was 11300 yuan / ton, up 0.89% compared with last Wednesday (October 14) and 1.74% lower than that of September 21, according to the data of the business club. At present, the spot supply is tight, and the manufacturers are mainly strong in their offers, and the downstream just needs to follow up, so there is a strong wait-and-see mood.

 

According to the data monitoring of the business agency, the price of epichlorohydrin of some enterprises is summarized (for reference only, the spot price of merchants is subject to the market, and the actual transaction price is mainly negotiated.)

 

Enterprise market price specification date

Jinan aochen Chemical Co., Ltd. 11200 yuan / T premium product; 99.9% Min: 2020-10-21

Jinan planhua Chemical Co., Ltd. $11000 / T national standard 99.9-2020-10-21

Shandong Yukang Chemical Co., Ltd. 11400 yuan / T premium product; 99.9% Min: 2020-10-21

Jinan Mingyu Chemical Co., Ltd. 11000 yuan / ton national standard 99.9-2020-10-20

Zibo tengshuo economic and Trade Co., Ltd. $10900 / T, excellent products; 99.9% Min: October 19, 2020

Upstream propylene, on October 20, most of the propylene market prices in Shandong remained stable. According to the price chart of the business agency, since October 1, the price of propylene has remained stable on the whole, with some enterprises’ prices rising and falling slightly this week. On Friday, only a few enterprises’ prices fell slightly. Most enterprises continued to keep stable. However, the prices fell in a wide range since the weekend, with a drop of about 200 yuan / ton on the 19th. Some of them went down today, but most of them remained unchanged. At present, the market turnover is between 7100 and 7650 yuan / ton The mainstream price is about 7300 yuan / ton. Over the weekend, the pressure on manufacturers to ship goods increased slightly, but the situation has improved slightly.

 

On October 20, the epoxy resin Market in the downstream was in a strong operation. There was no inventory pressure in major factories. The offer of new orders remained high. The downstream small orders just needed to be purchased, and the trading atmosphere was general.

 

3、 Future forecast

 

According to the analysts of epichlorohydrin of the business club, the current spot supply is tight, and the downstream just needs to follow up. It is expected that the epichlorohydrin market may be strong in the short term, and the specific trend needs to pay more attention to the market information guidance.

POLYVINYL ALCOHOL