Price trend

According to the data monitoring of SunSirs, the market for epichlorohydrin fell. As of November 5, the average price of epichlorohydrin was 18,300 RMB/ton, down 1.79% compared with November 4. In the three-month cycle, it rose by 7.96%.

Analysis review

Product: Epichlorohydrin market fell. The downstream operators have low enthusiasm for participation, and they always hold a cautious wait-and-see attitude. The market inquiry is just needed for replenishment, and the purchase action is limited. On the spot, the new orders of the shippers are held to let the profits for shipment. At present, the main quotation of epichlorohydrin market in China is about 17900-19000 RMB/ton.

Industrial chain: The market price of propylene in the upstreams of Shandong continued to rise on November 5. The price of propylene began to decline from the end of October. On November 1st, it still fell by 50-100 RMB/ton. On the weekend, the price began to rise again. On November 5, it rose by 50-100 RMB/ton. At present, the market turnover price is about 7230-7500 RMB/ton, and the mainstream price is 7300 RMB/ton. The downstream epoxy resin lost its cost support due to the falling of raw materials, and the weak adjustment was the main operation, and the actual order was still to be followed up.

Industry: according to the price monitoring of SunSirs, there are 8 kinds of commodities rising in the rise and fall list of bulk commodity prices on November 5, 2019, among which there is 1 kind of commodity with an increase of more than 5%, accounting for 1.2% of the number of commodities monitored in the sector; the top 3 commodities are R22 (7.76%), trichloromethane (1.42%) and propylene (0.92%). There were 15 kinds of commodities with a decrease in the chain, and 1 product with a drop of more than 5%, accounting for 1.2% of the monitored products in the sector; the top 3 products were ammonium sulfate (-7.84%) and R134a (-4.23%). ), cyclohexanone (-3.39%).

Market outlook

Epichlorohydrin analysts in SunSirs believe that the upstream propylene price rebounds, has little effect on epichlorohydrin, and the downstream buying temperament restricts the price increase of epichlorohydrin. It is expected that in the short term, the epichlorohydrin market will be dominated by weak consolidation operations, and more attention should be paid to the information guidance of upstream and downstream mainstream manufacturers.

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