Welcome to the CHEMWIN
Trading Time : 09:30-17:00 GMT+8
Customer Service line : +86 400-8620-777
(09:30-18:00 GMT+8)
Inquire NowRead: 1156 Time:26months ago Source:
In recent years, the domestic epichlorohydrin market has continued to fluctuate. At the beginning of August, the price level of glycerol was not high, the profit margin of glycerol epichlorohydrin production enterprises increased, the enterprise resumed production or increased load, the market supply increased, and the price decreased slightly. On August 9, some parts of East China issued a power rationing policy. Some enterprises in Jiangsu, Jiangsu and Zhejiang have reduced their burdens or stopped production to varying degrees. Epichlorohydrin market supply tight. At the same time, glycerol prices began to rise, cost support increased, the dual factors contributed to the continued rise of the epichlorohydrin market. Towards the end of the month, the power restriction policy in East China was gradually lifted, and the load of enterprise equipment increased. At the same time, Shandong added 60,000 tons of epichlorohydrin equipment into production, market supply and demand pressure increased, prices into the downward channel.
Epichlorohydrin cost support is insufficient
in raw materials, the domestic liquid chlorine, propylene and glycerin market operation is different. Affected by the power rationing policy in some areas in August, chlor-alkali enterprises started down, the market supply decreased, and the price of liquid chlorine first fluctuated and then rose. The downstream market of propylene is weak, the international oil price continues to fall, the cost support is insufficient, and the market shows a volatile downward trend. In mid-August, the epichlorohydrin market improved, the pace of glycerin procurement accelerated, and traders reported continued gains. As the epichlorohydrin market fell at the end of the month, the pace of glycerin procurement slowed and the market was deadlocked. At present, the import price of crude glycerin is about 900 USD/ton, up 230 USD/ton from the beginning of August.
in the downstream, the recent epoxy resin market continued the early low shock trend. Since mid-August, the raw materials bisphenol A and epichlorohydrin market has been rising, cost support effect is good. At the same time, some enterprises in Jiangsu Province temporarily stopped due to power restrictions, the market supply pressure eased, epoxy resin production enterprises reported a rise. Towards the end of the month, early parking enterprises resumed production, downstream acceptance of price supply is limited, the pace of procurement slows down, enterprise shipments are poor, quotations are loose, market transaction prices slightly lower.
2024 Polycarbonate PC Industry Market Event
Acrylonitrile price shocks down, when can the imbalance between supply and demand be solved?
New trends in the bisphenol A market: raw material acetone rose, downstream demand is difficult to boost
With a total investment of 1.024 billion yuan, Sinochem Dongda (Quanzhou) Polyether Polyol Signed
Epoxy resin market after the National Day, the price rise can be sustained?
Total investment 1.5 billion, Hebei Jinbang new materials 80000 tons of epoxy resin project accelerated
Quick Response
Customer service is available 24/7 for extremely fast response
Exclusive Services
Dedicated consultant 1 to 1 service
Massive Resources
Connecting resources upstream and downstream
Technology Advanced
Technology Information Service
Transaction Security
Merchant authentication and risk control model
One-stop service
Trading logistics warehouse-style services