1、 Price trend of epichlorohydrin
(Figure: P value curve of epichlorohydrin product)
| PVA 1788 (PVA BP17) |
2、 Market analysis
Epichlorohydrin market is running well this week. As of November 8, the average price quoted by epichlorohydrin enterprises was 11166.67 yuan / ton, up 3.40% compared with the beginning of the week, and 1.47% lower than that of October 8, according to the data of the business club. In the near future, the price of raw material propylene has gone up, and the cost side has some support. In addition, the inventory and maintenance plan of some factories in the later stage, the supply side is expected to decrease, the manufacturers have the mentality of supporting the price, and the intention of going low is not strong. The downstream small single just needs to follow up, and the market atmosphere is stagnant.
For upstream propylene, according to the data from the business club’s bulk list, the domestic propylene (Shandong) market price continued to rise this week (11.2-11.6), with a weekly low of 6756 yuan / ton at the beginning of the week, 6943 yuan / ton at the weekend, and a weekly high of 6946 yuan / ton on Thursday, with a weekly increase of 2.77% and a weekly amplitude of 2.81%.
The downstream epoxy resin market rose on November 6. The raw material bisphenol a rose significantly, the cost support was obvious, and the situation of oversupply was superimposed. The market sentiment was not reduced, and the factory mainly supported the price.
3、 Future forecast
Epichlorohydrin analysts of the business agency believe that there is some support on the cost side in the near future, and the market supply side is expected to decrease, and the downstream users just need to buy. It is expected that the epichlorohydrin market may stagnate and rise in the short term, and more attention should be paid to the market news guidance for the specific trend.
| POLYVINYL ALCOHOL |