Epichlorohydrin market price fell in June

1、 Price trend of epichlorohydrin

 

(Figure: P value curve of epichlorohydrin product)

 

Melamine

2、 Market analysis

 

In June, epichlorohydrin market fluctuated and fell. As of June 29, the average price quoted by epichlorohydrin enterprises was 10433.33 yuan / ton, a decrease of 5.72% compared with June 1 (11066.67 yuan / ton), and an increase of 8.87% year-on-year in a three-month cycle.

 

In the first half of June, the average quotation price of epichlorohydrin enterprises was 11066.67 yuan / ton on the first half of June. However, the spot supply of epichlorohydrin was tight, but the downstream purchasing enthusiasm was not good. On the third day, the market price was lowered to 11000 yuan / ton. The trading atmosphere was stalemate and the actual orders were limited. On the fourth day, the market price was again lowered to 10833.33 yuan / T. the propylene oxide rose steadily and stabilized. The spot supply of epichlorohydrin remained tight and still in stock The price was raised to 11000 yuan / ton on the 6th and stabilized temporarily on the 7th. On the 8th to 11th, the average price quoted by the enterprise was 10833.33 yuan / T. the supply side was tight, but the raw material propylene plummeted, and the cost support was insufficient. The downstream liquid resin factories were shut down for maintenance, and the supply and demand game played. The trading atmosphere was light. On the 12th, the price was again lowered to 10766.67 yuan / T, and the manufacturers offered profits for shipment On the 15th, the price of raw material propylene was raised, but the bearish mood was obvious. The mainstream quotation of epichlorohydrin enterprises was 9800-10300 yuan / T, with a decrease of 2.71% in the first half of June.

 

In the second half of June, the average quotation price of epichlorohydrin enterprises was 10666.67 yuan / ton on June 16, and the price of raw material propylene continued to rise, but the enthusiasm of downstream inquiry was not high, and the intention of buying was low. With the qualified products of Haixing in Jiangsu province put into the market, more attention was paid to the downstream, and epichlorohydrin manufacturers were under pressure to ship. The prices of 17,18,19 were continuously reduced to 10500 yuan / T, and the actual transaction volume in the market was limited. On the 23rd, the average price quoted by epichlorohydrin enterprises was 10466.67 yuan / ton, and the market trading atmosphere was light. On the 29th, the price was again lowered to 10433.33 yuan / ton. Traders’ quotations were mainly based on the market, with insufficient confidence in the market, and the enthusiasm of downstream participation was not high. In the second half of the month (6.16-6.29), epichlorohydrin decreased by 2.19%.

 

According to the data monitoring of business agency, the latest price of epichlorohydrin of some enterprises (for reference only, the actual transaction price is mainly negotiated)

 

Benzalkonium chloride

On June 29, the market price of upstream propylene in Shandong continued to rise. According to the price of business agency, Shandong propylene market increased by about 250 yuan / ton in a week at the beginning of June, and there was an obvious correction in the price in the middle of June, with a cumulative decrease of 350 yuan / ton in the seven days of the second week. From June 14 in the middle of the month, the price stopped falling again and rose again. Last Friday, June 19, the price had risen 350-450 yuan / ton. The price remained stable at the weekend, with a total drop of about 250 yuan / ton from the 22nd to 26th. After the Dragon Boat Festival holiday, the price rose again from the 27th. Today, it still rose by 50 yuan / ton. The market transaction is between 6750 and 7000 yuan / ton, and the mainstream price is about 6800 yuan / ton. Propylene manufacturers are now under low inventory pressure, some units are out of service, crude oil prices have risen slightly, and the downstream market operating rate is ideal. It is expected that the propylene price will still rise slightly in recent days, which has a certain positive impact on epichlorohydrin.

 

On June 29, the downstream epoxy resin Market in East China declined narrowly, the market conversation was cold and the transaction was insufficient, which had a certain suppression effect on epichlorohydrin.

 

3、 Future forecast

 

According to the analysts of epichlorohydrin of the business club, the price of propylene oxide is going up and the support from the cost side is strengthened. However, the downstream shipment is not smooth, the buying gas is light and the demand side is weak. It is expected that the epichlorohydrin market will be weak in the short term, and more attention should be paid to the change of raw material price.

http://www.lubonchem.com/

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