[hot] Gade chemical network daily this week epichlorohydrin prices slightly down, the market fell 0.64%. 12 domestic enterprises offer ring chlorine price to 7800 yuan / ton, 16 domestic epoxy enterprises offer price of 7750 yuan / ton. In the three month period, down 10.58%.

Market analysis:

Product: this week epichlorohydrin main factory price reduction. East China market reference is maintained at 7200-7300 yuan / ton. Epichlorohydrin manufacturers started to load is low, the main factories start.

The industrial chain: raw material propylene epichlorohydrin prices fell this week, with the international crude oil prices rose after the fall, propylene plant offer center of gravity, mainstream transaction price at 4500 yuan / ton, the market in general. Chlorine raw material price stability, the mainstream market price at 900 yuan / ton, the market outlook will continue to fall forecast. Downstream of the epoxy resin continuation of Guadan, businesses get the goods carefully, with holding.

Industry: the main factory this week, prices fell, low operating rate of other manufacturers. From the analysis of the level of supply and demand, downstream reduced support costs, supply and demand imbalance in the state of the ring, the price is constantly running down, profitability and contraction, a certain pressure on glycerol.

Market forecast:

Upstream propylene epichlorohydrin prices, profit margins shrink, market prices continue downward, demand is still weak, plus pre orders for raw materials used, and glycerol propylene at the cost competition, epichlorohydrin manufacturers may no longer ring up difficult concessions, chlorine. It is controlled by the main manufacturers, manufacturers should pay attention to dynamic adjustment. The expected short-term epichlorohydrin price at around 7400-7500 yuan / ton.