The market price of epichlorohydrin is mainly stable (6.15-6.21)

According to the bulk list data of business society, as of June 21, the average quotation price of epichlorohydrin enterprises was 18900.00 yuan / ton, up 0.89% compared with the price on June 15, up 1.07% compared with the price on May 21, and down 2.24% year-on-year in a three-month cycle.

 

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Recently, the market quotation of epichlorohydrin is mainly stable, and the prices of some enterprises are adjusted. Recently, the raw material propylene market is weak, the cost support is weakened, some units are shut down for maintenance, and the market supply is reduced, but the downstream demand is poor, the buying atmosphere is light, and the epichlorohydrin price is stable and waiting for adjustment.

 

The upstream propylene, according to the monitoring data of business news agency, the reference price of propylene was 7938.25 on June 20, a decrease of 1.76% compared with June 1 (8080.60).

 

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For downstream epoxy resin, on June 20, the reference price of epoxy resin was 23675.00, a decrease of 6.97% compared with June 1 (25450.00).

 

According to the epichlorohydrin analysts of the business community, the current supply side has certain support, the cost side support is weak, and the lack of follow-up on the demand side drags down the market. It is expected that the epichlorohydrin market may be weak in the short term.

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