I. The price trend of epichlorohydrin:
The average price of epichlorohydrin was 14100.00 yuan per ton (including taxes) as of June 14, up 1.20% compared with the beginning of the week, according to the data from the business associations’list. At present, the market price of epichlorohydrin in China is 13500 yuan per ton to 15000 yuan per ton.
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II. Market analysis:
Product: The domestic market of epichlorohydrin is rising this week. At present, the spot supply is tight, manufacturers offer high, low-price supply is difficult to find, downstream negotiation price tentative rise, but the actual follow-up is limited. At present, the mainstream quotation in the East China market is 14500 yuan/ton, which is delivered by acceptance. Shandong mainstream market quotation is 14300 yuan/ton, self-raised. The mainstream quotation in Huangshan area is 14500 yuan/ton, which is accepted and delivered.
Industry chain: Upstream propylene (Shandong) prices have risen rapidly in recent years and then stabilized and fell slightly. The downstream epoxy resin cost pressures remain unchanged, and the focus of the manufacturer’s discussion is rising.
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3. Future market forecast:
According to business associations, the domestic epichlorohydrin market will be dominated by high-level finishing in the short term.