According to the data of the business club’s block list, as of July 8, the average quoted price of epichlorohydrin enterprises was 13466.67 yuan / ton, up 3.06% compared with the price on July 1 and 2.02% compared with the price on June 1.
In June, epichlorohydrin market fluctuated, showing a downward trend as a whole, with a monthly decrease of 1.01%. In July, the market trend of epichlorohydrin is rising. At present, some units are shut down for maintenance, the market spot supply is reduced, the market mentality is better, the goods holders are reluctant to sell at low prices, the market spot negotiation price is higher, the market supply is tight, and the purchasing mentality is supporting, the downstream purchasing enthusiasm is improved.
Import and export data of epichlorohydrin from January to may 2021 (unit: kg)
As for upstream propylene, according to the data of business club’s block list, as of July 7, the reference price of propylene was 7818.55, down 0.17% compared with July 1 (7832.18). At present, there is no great pressure on the supply side, the demand side is fair, and the price is mainly stable.
For downstream epoxy resin, on July 7, the focus of East China’s liquid epoxy resin negotiation moved up, and the local market mainstream negotiation offered 26000-26500 yuan / ton, with raw materials rising and the focus of market negotiation going up.
Business community epichlorohydrin analysts believe that, in general, the recent decrease in epichlorohydrin supply has formed a support for the market. In the case of tight spot, the commodity holders have a strong mentality, strong willingness to push up, and the market buying has improved. It is expected that the epichlorohydrin market will move upward in the short term.
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