I. price trend of epichlorohydrin:
The market price of epichlorohydrin rose by 3.37% as of October 21, compared with that of last Friday (October 18), according to the data in the large list of business agencies. Today, the main quotation of epichlorohydrin is 17000-19200 yuan / ton.
II. Market analysis:
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Product: epichlorohydrin market rose on the 21st. On 21, the domestic epichlorohydrin market continued to rise, the supply side was tight, the focus of the negotiation was high-end, the mentality of the buyer was strong, low-cost goods were hard to find, downstream users just needed to buy, the buyer did not take the initiative to offer, and there was a strong wait-and-see atmosphere on the site.
Industrial chain: the market price of upstream propylene in Shandong fell slightly on the 21st. At the beginning of October, it was the National Day holiday. Due to the impact of the policy of limiting production and operation, the price of propylene remained stable during the holiday, with occasional downward trend. After the end of the policy, most of the initial prices remained stable. On the 10th and 11th, the prices of the enterprises rose. On the 12th, the prices stabilized. On the 13th, 14th and 15th, they all rose slightly. On the 16th, they were stable. On the 17th, most of the enterprises began to decline. On the weekend, the decline was obvious. Today, some enterprises still fell. At present, the market turnover is about 7200-7550 yuan / ton, and the mainstream price is 7200 yuan / ton. On the 21st, the downstream epoxy resin was obviously supported by the production cost, and the manufacturers mainly made high-level offers.
3. Future forecast:
According to epichlorohydrin analysts of the business association, the slight drop of upstream raw material propylene has limited impact on epichlorohydrin, and the supply and demand side is still the key to increase or decrease the price of epichlorohydrin. The short-term operators are optimistic, and the tight situation of the market is difficult to ease temporarily. The market may maintain a high level of consolidation, which does not rule out the possibility of pushing up. The specific situation still needs to pay close attention to the upstream and downstream mainstream manufacturers’ information guidance.
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