According to the Commodity Market Analysis System of Business Society, as of July 10th, the average price quoted by epoxy chloropropane enterprises was 7875.00 yuan/ton, which is basically the same as the price at the beginning of the month.
Since July, the price of raw material liquid chlorine has mainly increased, while the price of raw material propylene has fluctuated narrowly. The price of raw material glycerol has risen, and the cost support is strong. Production enterprises mainly focus on delivering orders, while the price of propylene method is strong. Downstream small orders require follow-up, and the mentality of buying high priced raw materials is still cautious. The overall market atmosphere is still good, and the attitude of price support is strong.
Raw material propylene:
According to the commodity market analysis system of Shengyishe, the reference price for propylene on July 9th was 7128.25, a decrease of 0.07% compared to July 1st (7133.25). Recently, the price of raw material propylene has fluctuated and stabilized within a narrow range, providing some support for the epichlorohydrin market.
Future Market Forecast:
The current market is experiencing a decrease in low-priced goods, and businesses are mainly inclined to hold up prices. However, due to the traditional off-season in the terminal industry, the demand performance may be average. It is expected that the market for epichlorohydrin will remain strong in the short term, and more attention needs to be paid to market news guidance.
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