As of July 18, the average quotation price of epichlorohydrin enterprises was 12383.33 yuan / ton, down 5.11% from July 14, 34.25% from June 18, and 34.48% year-on-year in a three-month cycle, according to the bulk list data of business news agency.
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Recently, the quotations of enterprises in the epichlorohydrin market vary. After the early stage of downstream periodic replenishment, the market rose and fell again. Recently, the consolidation of propylene, the market price of glycerol, the weakening of cost support, and the restart of some units have resulted in flat demand, low enthusiasm for downstream goods, and the loss of profits from the cargo holders. The focus of epichlorohydrin market negotiations fell.
The upstream propylene, according to the data monitoring of business news agency, the reference price of propylene was 7354.60 on July 18, a decrease of 4.24% compared with July 1 (7680.60).
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The downstream epoxy resin, according to the monitoring data of business news agency, on July 18, the reference price of epoxy resin was 18325.00, a decrease of 18.37 compared with July 1 (22450.00).
The epichlorohydrin analyst of business club believes that at present, the cost support is declining, the market mentality is insufficient, and the downstream inquiry atmosphere is poor. It is expected that the epichlorohydrin market may be weak in the short term.
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