October 20th report:
On October 19, the epoxy chloropropane market maintained a volatile pattern with no clear bullish or bearish signals; the 5-day, 10-day, and 20-day moving averages were all flat and at zero, lacking any signals for price movement. The spot price remained stable at 11,200 CNY/ton for two consecutive trading days, without forming a clear trend. Upstream propylene is at a high price, and hydrogen peroxide is at a mid-high level, providing some cost support for epoxy chloropropane. Downstream epoxy resins are also at a mid-high price, but the demand-side support is moderate. Looking at the cyclical positions, the 60-day and 1-year cycle prices are at a mid-low level, while the 3-month cycle is at a mid-level. The current price has limited downward space, and if upstream raw materials continue to operate at high levels, there is a potential for cost-driven price increases.
1. Average Difference Variation Table
| Average Difference Type | Value on 2026-10-19 | Value on 2026-10-18 | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference | 0.00 | 0.00 | No Change |
| 10-Day Average Difference | 0.00 | 0.00 | No Change |
| 20-Day Average Difference | 0.00 | 0.00 | No Change |
2. Signal status determination
Volatility (no clear bullish or bearish signal)
3. Trend Direction Conclusion
Volatility. Reason: The three mean differences compared to the previous day are all flat, and the mean difference values are all 0, indicating no clear signals for an increase or decrease. The spot price has remained unchanged at 11,200 CNY/ton for two consecutive trading days, and it has not yet shown a clear trend. Upstream and downstream levels: Upstream propylene and hydrogen peroxide are currently at high and medium-high prices, providing some cost support for epichlorohydrin; downstream epoxy resins are at medium-high prices, with demand-side support being average.
4. Positional Space Reference
The 60-day cycle price is at a medium-low level, the 3-month cycle is at a medium level, and the 1-year cycle is at a medium-low level. The current price has limited downward space, and if the prices of upstream raw materials in China remain high, there is a possibility of cost-driven increases.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
