According to the commodity market analysis system of the business community, as of June 29, the average price quoted by Epichlorohydrin enterprises was 7575.00 yuan/ton, down 2.26% compared with the price on Monday.
The market of Epichlorohydrin fell this week (6.26-6.29). Recently, the price of raw material propylene has narrowed down, with stable prices of raw material glycerol as the main factor and some cost support. Some factories have no inventory pressure, supporting a high price mentality. Downstream consumption of inventory raw materials is the main factor, and the enthusiasm for inquiries in the market is average, with cautious wait-and-see as the main factor. The market trading atmosphere is light, and some enterprises have lowered their quotations.
Upstream propylene, according to the Commodity Market Analysis System of Business Society, the reference price for propylene on June 28th was 6513.25, an increase of 0.81% compared to June 1st (6460.75).
Downstream epoxy resin, according to the Commodity Market Analysis System of Business Society, the reference price of epoxy resin on June 28th was 12533.33, a decrease of 10.48% compared to June 1st (14000.00).
The Epichlorohydrin analysts of the business society believe that the cost support is still acceptable, but the supply and demand support is still insufficient, and the market atmosphere is general. It is expected that the epichlorohydrin market will be weak in the short term, and more attention should be paid to the market news guidance.
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