According to the data of the bulk list of business cooperatives, as of October 27, the average price quoted by epichlorohydrin enterprises was 9766.67 yuan/ton, down 13.31% from October 1, and 51.33% from the same period last year.
| PVA 1799 (PVA BF17) |
The market price of epichlorohydrin fell in October. From the perspective of supply and demand: after the festival, the factory is active in shipping, but the downstream mainly consumes the raw materials in stock, and only small orders are needed to replenish at low prices. The shipment of the cargo holders is not smooth, the operators are under pressure, and the price of epichlorohydrin is falling. The demand side is still poor in the middle and late days. Some units in Hebei, Shandong and Zhejiang are in shutdown state, but the downstream purchase intention is not high, the buying is cautious, the cargo holders are under pressure, and the weak demand continues to drag down the price.
| PVA |
From the perspective of upstream and downstream, the reference price of upstream propylene was 7426.60 on October 26, down 2.55% compared with October 1 (7620.60). The cost of propylene method was not supported enough this month. The market of raw glycerin fell this month, but the cost pressure of glycerin method remained. The reference price of downstream epoxy resin was 18433.33 on October 26, down 10.23% compared with October 1 (20533.33), which was insufficient to support the epichlorohydrin market.
According to the epichlorohydrin analysts of the business community, the current cost support is insufficient, the demand is weak, and the factory is mainly active in shipping. It is expected that the epichlorohydrin market will be weak in the short term, so more attention should be paid to the market news guidance.
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