Epichlorohydrin market declined slightly in September

According to the bulk list data of business cooperatives, as of September 28, the average price quoted by epichlorohydrin enterprises was 11266.67 yuan/ton, down 2.03% from September 1, down 39.43% year on year in a three-month cycle, and down 46.60% from the same period last year.


Sulfamic acid 

The market price of epichlorohydrin fell slightly in September. In the first half of the month, the price of raw propylene rose, the price of glycerin stayed high, the cost side was supported to some extent, the market supply side was sufficient, but the demand side was weak, and the imbalance between supply and demand dragged down the weak market operation. The downstream prepared goods in an orderly manner before the festival, and returned after the festival. The market was mainly cautious. The enthusiasm of downstream inquiry and procurement was general, the market atmosphere was light, and the transaction was limited. In the second half of the month, the cost support remained, the supply side was sufficient, the downstream price was just in need of replenishment, and the market trading atmosphere was flat. Near the end of the month, the enterprises gave up their profits and lowered their stocks, and the downstream stock preparation was gradually approaching the end. The market trading atmosphere was light, and the market fluctuated in a narrow range.


On September 27, the benchmark price of upstream propylene was 7530.60 yuan/ton, up 6.06% compared with 7100.60 yuan/ton on September 1.


Downstream epoxy resin, on September 28, the liquid epoxy resin market in East China continued to rise last week, and this week it was put into operation. The mainstream negotiation was conducted at 20400-21000 yuan/ton, and the overall negotiation was the same as the last trading day.


According to the epichlorohydrin analysts of the business community, the cost is still supported at present. Manufacturers mainly reduce their stocks before the holidays. Downstream stock preparation is gradually coming to an end, and market transactions are slowing down. It is expected that the epichlorohydrin market will operate weakly and stably in the short term. More attention should be paid to the market news guidance.


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