I. price trend of epichlorohydrin:

According to the data in the business club’s large list, the market price of epichlorohydrin has recently fallen. On December 1, the average price of the enterprise was 12833.33 yuan / ton, on December 9, the average price of the enterprise was 11833.33 yuan / ton, and the 10 day decline of epichlorohydrin was 7.79%. In a three-month cycle, it fell 4.05% year-on-year.

II. Market analysis:

Product: epichlorohydrin market fell recently. Epichlorohydrin manufacturers are not willing to ship at a low price. However, downstream enterprises mainly consume inventory raw materials, operate cautiously and purchase on demand. The trading atmosphere is light and the market wait-and-see mood is strong. At present, the main quotation of epichlorohydrin market in China is around 11000-12000 yuan / ton.

Industry chain: the market of propylene in Shandong continued to decline on the 9th. At present, the market turnover has dropped to about 6670-7050 yuan / ton, and the mainstream price is 6670-6700 yuan / ton. At present, due to the influence of heavy fog in Shandong Province, the logistics is not smooth, and the access of external sources of goods is blocked. In addition, the agreement on production reduction at the weekend OPEC + meeting is postponed and strengthened, and the international crude oil is rising sharply. Therefore, it is expected that the market price of propylene should start to stabilize and recover in recent days. On September 9, most of the downstream epoxy resin factories made steady offers, with a light trading atmosphere.

3. Future forecast:

Epichlorohydrin analysts believe that the recent weak price of raw propylene, epichlorohydrin cost support weakened. Downstream buying is just needed, and the enthusiasm for participation is not high, so we should wait and see more carefully. However, epichlorohydrin manufacturers are not willing to go out. It is expected that in the short term, epichlorohydrin market will be dominated by stalemate finishing and operation, and more attention should be paid to the information guidance of upstream and downstream mainstream manufacturers.