Product
Epichlorohydrin Price Trend and Forecast
Epichlorohydrin Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Epichlorohydrin in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
Asia
Epichlorohydrin (ECH) prices inclined steadily in the first quarter. With the increasing buying sentiments and high raw material prices, the manufacturers increased their quotations to maintain healthy market dynamics. The firm offtakes in the market further supported these raised prices. ECH prices averaged 2875 USD/MT towards the end of Q1.
With the resurgence of covid-19 in China leading to the shutting down of industrial output, the market inventories dwindled. Given the geopolitical interferences, the logistics and supply suffered. The inflationary pricing negatively impacted the downstream demand, unleashing fluctuating trends in the Epichlorohydrin prices.
Europe
The price trends for ECH recorded an upwards trend in the said period. The firm demand from the coatings/adhesives, plastics and textile sectors supported the high prices of ECH.
The economic and political downturn unleashed by the Russian invasion of Ukraine gave way to runaway inflation in some parts of the European region. The high-power consumption rates, soaring raw material prices, and complex logistics amid healthy downstream demand caused the ECH prices to surge throughout the said period.
North America
Due to the surging crude oil and natural gas prices, feedstock propylene prices peaked dramatically. The supply-side constraints amid labour shortages and inflated freight and transportation costs led to high prices of ECH averaging 3126-3361 USD/MT. However, the prices started to oscillate in Q2 as the demand from the downstream resin and paint manufacturers suffered.
Analyst Insight
According to Procurement Resource, Epichlorohydrin prices will further decline in the coming quarter. As the supplies from Russia and OPEC+ enter the market, the upstream cost pressure will likely ease. The lowering demand from the textile and cosmetic sector will further reduce the offtakes from the market affecting the ECH prices.
Procurement Resource provides latest prices of Epichlorohydrin. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Epichlorohydrin is considered an epoxide in which chlorine replaces one of the methyl hydrogens. It is both an epoxide and an organochlorine chemical. Epichlorohydrin is a chlorinated cyclic ether that is volatile and combustible, transparent, colourless, and liquid. When heated to the point of disintegration, it releases hazardous vapours of hydrochloric acid and other chlorinated chemicals. Elastomers, synthetic glycerin, and epoxy resins are all made using epichlorohydrin.
Product Details
| Report Features | Details |
| Product Name | Epichlorohydrin |
| HS Code | 291030 |
| CAS Number | 106-89-8 |
| Industrial Uses | Coatings and Adhesives, Production of epoxy resins, Plastics Industry, Production of inks and dyes, Pharmaceuticals |
| Chemical Formula | C3H5CLO |
| Synonyms | 1-Chloro-2,3-epoxypropane |
| Molecular Weight | 92.52 g/mol |
| Supplier Database | Solvay S.A. Chemicals Company, Zachem SA, Samsung Fine Chemicals Company Limited, Dow Chemical Company, Sumitomo Chemical Company, Aditya Birla Chemicals |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Process
- Production of Epichlorohydrin from Propylene
Epichlorohydrin is commercially produced by high temperature chlorination of propylene to allyl chloride, followed by hypochlorous acid chlorohydration to form isomeric glycerol dichlorohydrins. The mixture is then dehydrochlorinated with alkali to produce epichlorohydrin.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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