According to the Commodity Market Analysis System of Shengyi Society, as of July 25th, the average price quoted by epoxy chloropropane enterprises was 7875.00 yuan/ton, which is basically the same as last Friday’s (July 19th) price.
Recently, the market for epichlorohydrin has been operating steadily. This week, the price of raw material liquid chlorine first rose and then fell, the raw material propylene fluctuated narrowly, and the raw material glycerol steadily rose, with strong cost support. The production enterprise mainly delivers contract orders, but the terminal follow-up is relatively slow. The downstream procurement mentality is cautious, and low demand follow-up is the main focus. The focus of negotiations in the epoxy chloropropane market is stable.
Raw material propylene:
According to the commodity market analysis system of Shengyi Society, on July 24th, the reference price of propylene was 7125.75, a decrease of 0.11% compared to July 1st (7133.25). In the recent stage, the price of raw material propylene has fluctuated narrowly, and the cost is still supported by the epichlorohydrin market.
Market forecast:
Short term cost support still exists, and demand follow-up may be limited. The market is cautious and cautious, and it is expected that the epichlorohydrin market will stabilize and operate in the short term. More attention still needs to be paid to market news guidance.
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