Product
Supplier
Encyclopedia
Inquiry
Home > News > Paint & Coating News > The epichlorohydrin market first fell and then rose last week (11.1-11.7)

The epichlorohydrin market first fell and then rose last week (11.1-11.7)

ECHEMI 2021-11-09

The bulk list data shows that as of November 7, the average price of epichlorohydrin companies’ quotations was 19666.67 CNY/ton, a decrease of 0.84% compared with Monday’s price, and a decrease of 7.38% compared with October 7. The month-to-month cycle rose 43.38% year-on-year.

 

This week, the market for epichlorohydrin first fell and then rose. Recently, the cost support of the propylene method has been weak, and the cost support of the glycerin method has been relatively strong. Since the beginning of the week, the downstream procurement enthusiasm is not high. Prices rose broadly, the market inquiry atmosphere improved, and the market stopped falling and rebounded.

 

Upstream propylene is dominated by bad news, and the decline of propylene accelerates (11.1~11.5). According to data from the business agency's bulk list, the domestic propylene (Shandong) market price maintained a downward trend this week. The market was at 8,175 CNY/ton at the beginning of the week, and the weekend average price was 7,717 CNY/ton, a drop of 4.89%.

 

Downstream epoxy resin, on November 5, the liquid epoxy resin market in East China went up, and the negotiated offer was 31,000-32,000 yuan per ton. The raw material bisphenol A rose sharply, and the offer was pushed up to 17,000-17500 CNY/ton. The cost was strongly supported, and the epoxy resin rose by 1,000 yuan daily.


The epichlorohydrin analyst of the business agency believes that, in summary, there is still a certain degree of support on the cost side, and the demand side atmosphere is positive. It is expected that the epichlorohydrin market may stabilize and improve in the short term, and more attention needs to be paid to the market. Message guidance.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

Looking for chemical products? Let suppliers reach out to you!

Comment
Comment

Trade Alert

Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)

Scan the QR Code to Share

Feedback & Suggestions
Send Message

Thank you for your feedback. If you require further assistance, please contact us by email at info@echemi.com or call us at +86-532-55729510.