The Price of Epichlorohydrin Rose First And Then Fell (12.17-12.22)

As of the morning of December 22, the average price of epichlorohydrin companies was 16,533.33 CNY/ton, an increase of 1.22% compared with the price on the 17th, and a decrease of 4.06% compared with the price on November 22, in three months It is down 18.69% year-on-year for the cycle.

Recently, the epichlorohydrin market has risen first and then fell. In terms of cost, the price of raw material propylene has been stabilized recently, and the glycerin market has adjusted and operated, and cost support is limited. On the 17th, the average price of epichlorohydrin companies was 16333.33 CNY/ton. The spot supply in the market was limited, and the shipments from the holders were acceptable. The downstream just needed to follow up. The market pushed up the mentality and the trading atmosphere improved slightly. Rising, with the resumption of early-stage parking devices, market confidence is insufficient, downstream inquiries and purchases are not enthusiasm, high-price shipments of enterprises are not smooth, and the price of epichlorohydrin is under pressure to decline.

Upstream propylene, on December 21, the reference price of propylene was 7425.67, which was a decrease of 1.59% compared with December 1 (7545.50).

Downstream epoxy resin, on December 21, the liquid epoxy resin market in East China was organized and put into operation. Today's negotiation offer is 25,600-26,500 yuan per ton. Still outstanding, but the raw material end ECH rose sharply, cost support was strong, and the market went up. The raw material bisphenol A continued to pay attention to the auction situation, and the market offer was stable.

To sum up, the current cost support is limited, the market supply is expected to increase, which suppresses the mentality of the industry, and the downstream is mainly cautious and wait-and-see. It is expected that in the short term, the epichlorohydrin market may be weak and wait-and-see, and more attention needs to be paid to market news guidance .