Epichlorohydrin market stalemate, finishing and wait-and-see atmosphere

1、 Price trend of epichlorohydrin

 

(Figure: P value curve of epichlorohydrin product)

 

PVA 2088 (PVA BP20)

2、 Market analysis

 

November 25, epichlorohydrin market deadlock finishing. As of November 25, the average price quoted by epichlorohydrin enterprises was 13233.33 yuan / ton, up 0.76% compared with the previous trading day and 16.42% higher than that on October 25, according to the data of the bulk list of business associations. At present, the enthusiasm of downstream inquiry is general, the delivery of goods is not smooth, the market trading atmosphere is stalemate, and 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

Aite (Shandong) new materials Co., Ltd. $13500 / T premium product; 99.9% Min: 2020-11-25

Jinan Mingwei Chemical Co., Ltd. 13200 yuan / ton national standard 99.9-2020-11-25

Shandong Yukang Chemical Co., Ltd. 13200 yuan / T premium product; 99.9% Min: 2020-11-25

Jinan Mingyu Chemical Co., Ltd. $13500 / T national standard 99.9-2020-11-25

Upstream propylene, on November 25, the market price of propylene in Shandong kept rising. According to the price chart of the business agency, since November 1, the propylene price has dropped sharply at the end of October, and has risen by 200-250 yuan / ton on the 5th. After a short period of stabilization, the price dropped slightly by about 100 yuan / ton on August 8 and 9, and then stabilized again. On the 12th, the price rose by 50 yuan / ton again and fluctuated slightly again. Since November 19, propylene price has been raised all over again, and it keeps rising every day At the speed of 50-100 yuan / ton, it has risen by about 600 yuan / ton. The current market turnover is between 7430 and 7700 yuan / ton, and the mainstream price is about 7450 yuan / ton. Now the factory stock is small, the shipment situation is good.

 

PVA 2699

The epoxy resin Market in Shandong Province was high on November 25. Under the pressure of high cost, the manufacturers strengthened their offers. The downstream companies were resistant to the high price raw materials, so the inquiry into the market was limited.

3、 Future forecast

 

According to the analysts of epichlorohydrin of the business agency, the price of propylene raw material has risen recently, the cost support has risen, the downstream buying intention is not high, the wait-and-see sentiment is strong, and the market atmosphere is light. It is expected that in the short term, the epichlorohydrin market may be stagnant, and the specific trend needs to pay more attention to the market information guidance.

POLYVINYL ALCOHOL