1、 Price trend of epichlorohydrin
(Figure: P value curve of epichlorohydrin product)
2、 Market analysis
| POLYVINYL ALCOHOL |
Epichlorohydrin market prices rose slightly this week. As of August 23, the average price quoted by epichlorohydrin enterprises was 10533.33 yuan / ton, up 2.6% compared with the beginning of the week, and 7.48% higher than that of July 23, according to the data of the bulk list of business associations. On August 23, the epichlorohydrin commodity index was 74.39, which was flat with yesterday, decreased by 44.36% from 133.71 point (October 29, 2019), and increased by 58.78% from 46.85 point, the lowest point on September 07, 2016. (Note: period refers to 2011-09-01 to now)
At the beginning of the week (August 17), supported by the high price of raw material propylene and tight supply, the carrier made an offer, and the average quotation price of epichlorohydrin enterprises was 10266.67 yuan / ton. On the 19th, the market price of raw material propylene rose slightly, but the downstream inquiry enthusiasm was not high, and small orders just needed to be replenished. The market continued to wait-and-see attitude. On the 21st, the atmosphere of real offer negotiation was general, some of which were in general The price of enterprises rose, and the price rose again to 10533.33 yuan / ton on the 22nd. At present, there is no inventory pressure on the spot, and there is no strong intention of low-cost goods holders. However, the downstream follow-up is insufficient, and there is a strong wait-and-see atmosphere.
According to the data monitoring of the business agency, the price of epichlorohydrin of some enterprises is summarized (for reference only, the spot price of merchants is subject to the market, and the actual transaction price is mainly negotiated.)
Enterprise market price specification date
Jinan Mingyu Chemical Co., Ltd. 10000 yuan / T national standard 99.9 2020-08-22
Jinan aochen Chemical Co., Ltd. 10200 yuan / T premium product; 99.9% Min: 2020-08-22
Aite (Shandong) new materials Co., Ltd. 9700 yuan / ton, excellent products; 99.9% Min: 2020-08-21
Jinan planhua Chemical Co., Ltd. 9700 yuan / T national standard 99.9 2020-08-21
Jinan Mingwei Chemical Co., Ltd. 9900 yuan / ton, excellent product; 99.9% Min: 2020-08-20
For upstream propylene, according to the data from the bulk list of business agencies, the domestic propylene (Shandong) market rose slightly this week (8.17-8.21), with the weekly low price of 6956 yuan / ton at the beginning of the week, and the weekly high price of 6978 yuan / ton at the weekend, with a weekly increase of only 0.33%. According to the price chart of business agency, the recent price of propylene fluctuates periodically, and the price range of recent fluctuation has broken through. At the beginning of August, the price was at the high level in the range. Since the end of the week, the price of some enterprises has been slightly up and down. On the 5th, it has been stable. From 6th to 10th, the first round of rising trend of breaking through the range of this month will be started. On the 11th, the prices of some enterprises will be generally stable. On the 14th, the prices of some enterprises will continue to decline. On the 17th, the prices will be stable, and on the 18th, they will rise partially Today’s price is flat again. The market transaction is still between 6950 yuan / ton and 7250 yuan / ton, and the mainstream price is about 6950 yuan / ton. Propylene manufacturers to ship smoothly, inventory pressure is small.
Downstream epoxy resin, on August 21, the downstream epoxy resin high-level finishing operation, the field supply is tight, high-level offer, downstream buyer operation is cautious, mainly purchase on demand.
| PVA |
According to the price monitoring of the business agency, there are 32 kinds of commodities in the chemical industry sector in the 33 weeks (8.17-8.21) list of commodity prices in 2020, among which 5 kinds of commodities with an increase of more than 5%, accounting for 5.6% of the total commodities monitored in this plate; the top three commodities that increased were TDI (10.53%), butadiene (10.30%) and acetone (7.56%). There were 21 kinds of commodities that declined on a month on month basis, and the top three products were styrene (- 2.22%), ethylene (- 2.14%) and crude benzene (- 2.12%). This week, all rose or fell 0.6%.
3、 Future forecast
Epichlorohydrin analysts of the business agency believe that in the near future, the price of raw material propylene has risen slightly, and there is no inventory pressure on the spot. It is not strong for the shipholders to lower the price, but the downstream follow-up power is insufficient. It is expected that in the short term, the epichlorohydrin market will be mainly organized and operated in a narrow range, and more attention should be paid to market information guidance.
| http://www.pva-china.net |