SunSirs: Epichlorohydrin Market Prices Fell on January 9

Price trend

According to the data of SunSirs, the market for epichlorohydrin fell. As of January 9, the average price of epichlorohydrin enterprises was 14,233.33 RMB/ton, which was 2.73% lower than that on January 8. In the three-month cycle, it fell 8.17%.

Analysis review        

Product: The epichlorohydrin market fell on January 9. The raw material inventory of downstream factories is relatively abundant, and the enthusiasm for buying into the market is relatively flat. Holders of high-end shipments are blocked, and prices are often lowered. At present, the prevailing quotation in the domestic epichlorohydrin market is around RMB 13,500-15,000 / ton.

Industrial chain: On January 9th, the market price of upstream propylene in Shandong area temporarily stabilized. Affected by international crude oil, domestic propylene prices have bottomed out from the end of December and have continued to rise. They have remained stable on January 5th and 6th, and have risen again on the 7th and 8th. Enterprise prices are generally stable today. The current market turnover is around 6，950 ~ 7,300 RMB/ton, the mainstream price is around 6,950 RMB/ton. Due to the rise and fall of dual raw materials, the downstream epoxy resin has limited changes in cost support, and the high-level finishing operation is the main performance.

Market outlook

According to epichlorohydrin analysts of SunSirs, the price of raw propylene has been rising continuously in the near future, with strong cost support, but the downstream mainly consumes more inventory, and the purchase is limited, which restricts the price rise of epichlorohydrin. It is expected that in the short term, epichlorohydrin market will be dominated by weak finishing operation, and more attention should be paid to the information guidance of upstream and downstream mainstream manufacturers.

If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.