1、 Price trend of epichlorohydrin:
(Figure: P value curve of epichlorohydrin product)
2、 Market analysis:
Product: according to the monitoring data of the business agency, the market of epichlorohydrin has been fluctuating upward in the near future, and it was stable on May 20. As of May 20, the average price quoted by epichlorohydrin enterprises was 11000 yuan / ton, which was the same as that of May 19, and increased by 12.24% compared with April 20. In recent years, the price of raw material propylene has been rising continuously, the cost support has been raised, and the spot shortage has been double promoted. The manufacturer’s intention of low output is not strong, but the downstream is affected by the news of Jiangsu Haixing plant, and the enthusiasm for high price raw material procurement is not high. The quotation of epichlorohydrin enterprises on the 20th was mainly stable, so we should be careful to wait and see. The market quotation of epichlorohydrin on the 20th was 10600-11000 yuan / ton.
The epichlorohydrin commodity index on May 20 was 77.68, unchanged from yesterday, down 41.90% from 133.71 (2019-10-29), the highest point in the cycle, and up 65.81% from 46.85, the lowest point on September 7, 2016. (Note: cycle refers to 2011-09-01 to now)
Industrial chain: on May 20, the market price of propylene in Shandong continued to rise. Last month, the price of propylene in Shandong Province rose sharply and fell sharply, and then it held steady again, and the market was stable. During the May 1st period, the price of propylene slightly increased by about 50 yuan / ton. On the 6th, the price went up by 100 yuan / ton again. On the 7th, 8th and 9th, the price went up by 50 yuan / ton continuously. On the 10th, some enterprises went up by 50 yuan / ton continuously. On the 11th, they went up by 50 yuan / ton again. On the 12th, they went up by 100-200 yuan / ton obviously. On the 13th, they went up by 100-200 yuan / ton continuously. On the 14th, they went up by 50-100 yuan / ton again. On the 15th, they went up by 50-100 yuan / ton continuously. On the weekends Until the 20th, the upward trend has remained unchanged. The daily upward trend is 50-100 yuan / ton. Now, the market transaction has reached 6900-7150 yuan / ton, and the mainstream price is about 6900 yuan / ton. On May 20, the downstream epoxy resin, under the pressure of cost, the firm price offer mainly.
Industry: according to the price monitoring of the business agency, on May 20, 2020, there are 14 kinds of commodities in the list of rise and fall of bulk commodity prices in the chemical sector, among which the top three commodities are mixed xylene (1.98%), organosilicon DMC (1.81%) and ethylene (1.75%). There are 7 kinds of commodities with a decline in the aspect ratio, and the top 3 products are polysilicon (- 4.49%), formaldehyde (37%) (- 1.52%) and liquid ammonia (- 1.07%). The average price of this day is 0.04%.
3、 Future forecast:
According to epichlorohydrin analysts of the business club, it is expected that the market of epichlorohydrin will be stagnant in the short term, and the specific trend needs more attention to the market news guidance.