I. The price trend of epichlorohydrin:
According to the data from the business associations’list, the market price of epichlorohydrin rose by 4.62% as of July 3, compared with last Wednesday (June 26). Today, the mainstream price of epichlorohydrin in China is 15500-16000 yuan/ton.
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II. Market analysis:
Products: Epichlorohydrin market is rising. At present, the spot supply is still tight, the low price supply is difficult to find, and the high offer of the holder. However, the lower reaches of the high-priced deposits conflict with reason, just need to replenish the main, the actual single narrow-range negotiations. At present, the mainstream quotation in the East China market is around 15 500 yuan/ton, and the acceptance is delivered to the surrounding areas. Mainstream quotation in Shandong market is around 15 300 yuan/ton, self-raised. Mainstream market quotation in Huangshan area is around 15 500 yuan/ton, acceptance delivered.
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Industry chain: The market price of upstream propylene in Shandong has risen significantly. Recently, the price of propylene enterprises in Shandong began to rise on July 2. Today, the price of propylene enterprises has risen by 100 yuan/ton again. At present, the main market turnover is around 7800-7900 yuan/ton. Downstream epoxy resin, supported by high raw material costs, some manufacturers have a rising atmosphere.
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3. Future market forecast:
According to business associations, the domestic epichlorohydrin market will be dominated by high-level finishing in the short term.