1、 Price trend of epichlorohydrin

(Figure: p-value curve of epichlorohydrin product)

2、 Market analysis

March 29 epichlorohydrin market rose. According to the data of business news agency’s block list, as of March 29, the average quoted price of epichlorohydrin enterprises was 12066.67 yuan / ton, up 2.26% compared with last Friday’s price, up 6.78% compared with the price at the beginning of the month, and down 3.47% year-on-year in a three-month cycle.

For upstream propylene, the market price of propylene in Shandong remained stable on March 29. According to the price chart of the business society, affected by the upstream and downstream, the propylene price rose again and again in the second half of February, which was at a high level for many years. It was generally stable at the end of the month and the beginning of the month. The price began to decline on the 4th, and generally rebounded on the 8th. The price rose 150-250 yuan / ton in two days, and then generally stabilized. The price rose about 50 yuan / ton again on the 12th, and continued to rise 50 yuan / ton on the 15th, starting from the 16th Since the 18th, the price has entered the downward channel again, with a daily drop of 100-150 yuan / ton. Since the 25th, the price has been generally stable, with some small changes in individual enterprises. At present, the market transaction is still between 7800-8400 yuan / ton, and the mainstream price is about 7800 yuan / ton.

Downstream epoxy resin, in March 29th East China liquid epoxy resin continued to push up, the surrounding manufacturers focused on price adjustment, local market mainstream discussion of the offer rose to 33000-33500 yuan / ton, the factory more delivery orders.

3、 Future forecast

According to epichlorohydrin analysts of business news agency, in the near future, propylene epichlorohydrin cost support is general, glycerin cost support is relatively strong, manufacturers are willing to hold and support prices, coupled with the increase of export orders to boost the market mentality, the low price supply in the market is reduced, and downstream small orders mainly need replenishment. It is expected that in the short term, epichlorohydrin market may be on the rise, and more attention should be paid to market information guidance .