1、 Price trend of epichlorohydrin

(Figure: p-value curve of epichlorohydrin product)

2、 Market analysis

In April, epichlorohydrin market rose first and then fell. At present, the market is weak. According to the data of business news agency’s block list, as of April 27, the average price quoted by epichlorohydrin enterprises was 15133.33 yuan / ton, down 8.10% compared with last Tuesday (April 20) and up 19.47% compared with the price at the beginning of the month.

At the beginning of April, the raw material price rose slowly, the cost support rose, and the downstream epoxy resin price continued to rise. In addition, the tight spot supply in the market made the holders reluctant to sell at low prices. The market of epichlorohydrin was firm and upward. As the price rose to a high level, the downstream resistance gradually increased, the epoxy resin started at a low level in some regions, the downstream purchasing enthusiasm weakened, and the delivery pressure of the holders was under pressure, The weak focus of market negotiation and weak demand have dragged down the market of epichlorohydrin. At present, the quotations of epichlorohydrin enterprises are different, the downstream inquiry enthusiasm is poor, and the market is cautious and wait-and-see atmosphere is strong.

Upstream propylene, as of April 26, Shandong propylene market prices declined slightly. According to the price chart of the business association, the price of propylene decreased sharply in the second half of March and rose at the end of the month. At the beginning of April, the market price rose slowly, with an average daily increase of about 50 yuan / ton. From the 6th, the price rose steadily, from the 16th, it rose steadily at the rate of 50 yuan / ton every day, and from the 23rd, it began to stabilize. Today, the price finally dropped by about 50 yuan / ton. At present, the market turnover is between 8550 yuan / ton and 8700 yuan / ton, and the mainstream price is about 8550 yuan / ton.

For downstream epoxy resin, on April 27, the negotiation of liquid epoxy resin in East China went down, and the offer of local market mainstream negotiation dropped to 35000 yuan / ton in barrels. The support of cost side was weakened, the enthusiasm of downstream operation was not high, and the market center was weakened.

3、 Future forecast

Business community epichlorohydrin analysts believe that overall, the current trend of upstream and downstream is weak, and the market inquiry atmosphere is light. It is expected that the epichlorohydrin market may be weak in the short term, and more attention should be paid to market information guidance.