The market price of epichlorohydrin fell（1.12-1.19）
Issuing time:2021-01-21 17:01
First, market analysis
Recent market price declines in epichlorohydrin. According to the data of the large list, as of January 19, the average price of epichlorohydrin enterprises is 11933.33 yuan/ton, down 1.92% compared with last Tuesday (January 12), down 2.72% compared with December 19, down 16.16% compared with the same period last year. Recently, the epichlorohydrin market is running weakly, with sufficient supply in the market, but weak demand. The shipment pressure of shippers is increasing, the downstream procurement is light, and the basic tendency is to buy at a low price, and the price of epichlorohydrin is declining.
According to the data monitoring shows: some enterprises epichlorohydrin price summary (for reference only, merchant spot price is subject to the market, the actual transaction price is mainly negotiated.)
Upstream propylene, January 19, Shandong area propylene market prices rose slightly across the board. The end of December, according to embellish feng price figure propylene prices dropped, New Year's day began to rebound, raised 100 yuan/tons, to 4, 5, 6, the price is given priority to with stable price, only individual enterprises have small upward, 8, part of the price decline, the late prices continue steady potential, 14, the price rose finally appeared, rose to about 16, today's price increases again, The market transaction is between 7450 and 7650 yuan/ton, and the mainstream price is around 7450 yuan/ton. Factory inventory is no pressure, smooth shipment.
As for the downstream epoxy resin, the market price of the epoxy resin rose on January 19th, and the raw material Bisphenol A rose, the cost support was strong. At present, there is no pressure on the factory's shipment for the time being, and the downstream just needs to follow up mainly, and the market atmosphere is acceptable.
Second, after market forecast
Analysts believe that the current raw material propylene prices rise, the cost side has certain support, but the market is still in oversupply situation, the cargo holders are more active shipment, is expected in the short term, the epichlorohydrin market or weak consolidation operation, more need to pay attention to the downstream pre-season stocking situation.