Epichlorohydrin market is weak (7.1-7.6)

According to the bulk list data of business society, as of July 6, the average quotation price of epichlorohydrin enterprises was 18466.67 yuan / ton, down 0.72% compared with July 1, 1.25% compared with June 6, and 2.12% year-on-year in a three-month cycle.

 

Thiourea

Recently (7.1-7.6), the epichlorohydrin market is weak. Recently, the market of raw materials propylene and glycerin has been in a weak position, with insufficient cost support, light demand, poor enthusiasm for downstream inquiries, poor shipments from shippers, a sluggish market transaction atmosphere, pressure on the inventory of individual factories on the supply side, and a continuous decline in the focus of epichlorohydrin Market negotiations.

 

The upstream propylene, according to the data monitoring of business news agency, the reference price of propylene was 7466.60 on July 5, a decrease of 2.79% compared with July 1 (7680.60).

 

Downstream epoxy resin, on July 5, the liquid epoxy resin Market in East China continued to decline, and the negotiation continued to decline. The mainstream negotiation was delivered in barrels of 19300-20500 yuan / ton, and the overall negotiation fell by 200 compared with the previous trading day.

 

The epichlorohydrin analyst of business agency believes that the current cost and supply-demand support are insufficient, the market price is frequent, and the downstream purchasing mentality is cautious. It is expected that the epichlorohydrin market may be weak in the short term.

http://www.thiourea.net

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