Epichlorohydrin market is weak (11.12-11.16)

According to the bulk list data of business society, as of November 16, the average quotation price of epichlorohydrin enterprises was 19666.67 yuan / ton, down 1.82% compared with the price on Friday (November 12), 5.87% compared with the price on October 16, and 38.88% year-on-year in a three-month cycle.

Gamma Polyglutamic Acid

The epichlorohydrin market has fallen recently. Recently, the price of raw material propylene has weakened steadily, the cost side support is general, the price of raw material glycerol is high, the cost pressure is obvious, the downstream operation enthusiasm is not high, the cautious wait-and-see atmosphere is strong, multidimensional just needs to purchase, the enterprise shipment is under pressure, the weak demand side has dragged down the lack of market confidence, and the focus of negotiation is lower.

For upstream propylene, on November 15, the reference price of propylene was 7897.33, down 0.11% compared with the price on November 12 and 3.4% compared with November 1 (8175.50).

Downstream epoxy resin, on November 15, the liquid epoxy resin Market in East China weakened and adjusted, and the offer was negotiated and delivered in barrels of 30500-31000 yuan / ton. The range of dual raw material market was adjusted weakly, including the offer of raw material bisphenol A of 16000 yuan / ton, which was supported by bad cost.

According to the epichlorohydrin analysts of business society, to sum up, at present, the cost support of propylene method is loose, and the cost pressure of glycerol method is obvious, but the demand side support is temporarily weak. It is expected that the epichlorohydrin market may sort out the weak game in the short term, and more attention should be paid to the guidance of market news.

http://www.gammapolyglutamicacid.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>