According to the data of the business club’s block list, as of May 26, the average price quoted by epichlorohydrin enterprises was 13900 yuan / ton, which was flat compared with the previous trading day, decreased by 11.46% compared with April 26, and increased by 23.74% year-on-year in a three-month cycle. On the 26th, the market price of epichlorohydrin was mainly stable, downstream users mainly purchased on demand, and the overall trading atmosphere of the market was flat.
As of May 25, the market price of propylene in Shandong remained stable. According to the price chart of the business association, the propylene price in Shandong continued to rise in the first ten days of April, fell sharply in the last ten days, and remained stable at the end of the month. During the May Day period, the first two days continued to be stable. From the 3rd to the 7th, the daily price rose by about 50 yuan / ton. From the 9th, the price was mainly stable. After a small rise on the 13th, the price was stabilized again. From the 17th, the daily price began to decline by 50 yuan / ton. From the 19th to the 20th, the daily price of propylene dropped by about 100 yuan / ton. From the 23rd, the price of propylene rose by 50 yuan / ton. Today, the price was generally stable, The current market turnover is between 8100 ~ 8300 yuan / ton, and the mainstream price is about 8100 yuan / ton.
As for downstream epoxy resin, as of May 25, the focus of negotiation in East China’s liquid epoxy resin market has shifted downward, and the cost support has weakened. In addition, downstream companies are worried about the future market, so they mainly wait and see, and manufacturers are under pressure to ship. The market mainstream reference price is around 30000-30500 yuan / ton.
According to epichlorohydrin analysts of business news agency, at present, the cost pressure still exists, but the follow-up of the demand side is insufficient, and the market is in a game of supply and demand. It is expected that in the short term, the epichlorohydrin market may be in a stalemate, and more attention should be paid to market information guidance.
Gamma Polyglutamic Acid |