1、 Price trend of epichlorohydrin:

(Figure: P value curve of epichlorohydrin product)

2、 Market analysis:

Epichlorohydrin market was weak this week. According to the data of the business club’s bulk list, the average price of epichlorohydrin enterprises as of June 19 was 10500 yuan / ton, down 2.48% compared with the beginning of the week and 4.55% compared with May 19.

Market review: on June 15, the average price of epichlorohydrin enterprises was 10766 yuan / ton, the manufacturer’s shipment was under pressure, the downstream inquiry enthusiasm was not high, the purchase intention was low-end, on June 16, with Jiangsu Haixing’s qualified products put into the market, the downstream looked more and looked less, and focused on watching carefully, some manufacturers offered to actively yield profits, the price was reduced to 10666.67 yuan / ton, on June 17, the manufacturer’s shipment was blocked, and the market delivery was blocked The atmosphere was light, and the price was reduced to 10600 yuan / ton. On the 18th, the focus of new single negotiation in the market was down. The downstream consumption of raw materials was the main part, and the price was reduced to 10566.67 yuan / ton. On the 19th, the price was reduced to 10500 yuan / ton. The manufacturer’s shipment was under pressure, and the actual single transaction in the market was limited.

According to the data monitoring of business agency, the latest price of epichlorohydrin in some enterprises (for reference only, the actual transaction price is mainly negotiated):

Raw propylene: on June 19, the market price of propylene in Shandong kept rising. After a week’s rally in early June, Shandong propylene market showed a significant correction in the middle of the price. According to the price of the business agency, last week’s 7-day cumulative decline of 350 yuan / ton. But at the end of the week, prices began to stop falling and pick up. Today, prices have risen 350-450 yuan / ton in a row. On the 19th, market transactions reached 6850-7150 yuan / ton, and the mainstream prices were around 6850 yuan / ton.

Downstream epoxy resin: on June 19, the weak finishing and operation of downstream epoxy resin was the main, the weak operation of dual raw materials was the main, the cost support was insufficient, the downstream just needed replenishment was the main, and the inquiry enthusiasm was not high.

3、 Future forecast:

According to the epichlorohydrin analyst of the business association, the price of raw propylene has been rising in the near future, with some support on the cost side. However, at present, the manufacturer’s delivery pressure is still there, and the quotation is based on the market. The trading atmosphere is light, and the confidence in the market is insufficient. It is expected that in the short term, the epichlorohydrin market will mainly fluctuate and decline in a narrow range.