The market price of epichlorohydrin has slightly increased this week. As of September 6th, the benchmark price of epichlorohydrin in Shengyi Society is 8000.00 yuan/ton, an increase of 0.16% compared to the beginning of this month (7987.50 yuan/ton).
| Gamma-PGA (gamma polyglutamic acid) |
Price influencing factors:
Raw material side: Recently, the price of raw material propylene has decreased and the price of liquid chlorine has increased, resulting in a situation of mixed ups and downs in the raw material side. The market support for epichlorohydrin is still acceptable. The price of raw material glycerol has fallen slightly, and overall, the cost pressure has eased. According to the market analysis system of Shengyi Society, as of September 6th, the benchmark price of propylene in Shengyi Society was 6938.25 yuan/ton, a decrease of -0.43% compared to the beginning of this month (6968.25 yuan/ton).
Equipment situation: According to the overall operating rate of the epoxy chloropropane industry within the week, it was 50-60%.
Downstream demand side: Downstream epoxy resin rigid demand small orders are being followed up. With the rise in costs, manufacturers face increased cost pressure, and some companies are experiencing price increases. Early delivery orders are the main focus, and there is insufficient follow-up for new orders. The market center of gravity is changing steadily, with a moderate to strong trend.
Market forecast: Business Society’s epoxy chloropropane analyst believes that short-term costs and supply side support are still acceptable, with downstream demand buying as the main focus, insufficient follow-up of new orders, and cautious procurement of raw materials. It is expected that the epoxy chloropropane market will operate steadily in the short term, and more attention still needs to be paid to changes in raw material prices.
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