The epoxy propane market has been operating steadily this week. According to the Commodity Market Analysis System of the Business Society, as of November 10th, the average price of epoxy propane enterprises was 9325.00 yuan/ton, which is unchanged compared to Monday’s price.
Cost side: According to the commodity market analysis system of the Business Society, the recent trend of raw material propylene market is relatively strong. On November 9th, the reference price of propylene was 7353.25, an increase of 4.29% compared to November 1st (7050.75). The price of raw material liquid chlorine increased during the week, and the cost support for the epoxy propane market is strong.
Supply and demand side: Some devices on the supply side fluctuate, and the industry’s capacity utilization rate has decreased compared to the previous period. Downstream wait-and-see just needs to follow up moderately, and the demand side performance is average. The supply and demand side has limited support for the epoxy propane market. On the 10th, the mainstream quotation in the Shandong epoxy propane market was around 9150-9200 yuan/ton.
According to epoxy propane analysts from Business Society, the current price of raw material propylene is high, and the raw material liquid chlorine is relatively strong, with significant cost support. However, factory shipments are average, and downstream companies need to follow up. The market has a strong wait-and-see atmosphere, and it is expected that in the short term, the epoxy propane market may remain stagnant and operate, and more attention should be paid to market news guidance.
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