According to the Commodity Market Analysis System of Shengyi Society, as of July 19th, the average price quoted by epoxy chloropropane enterprises was 7875.00 yuan/ton, which is basically the same as Monday’s price.

This week, the market for epichlorohydrin remained strong and stable. This week, the price of raw material liquid chlorine has been running weakly, while the price of raw material propylene has fluctuated narrowly. The price of raw material glycerol has been steadily rising, and cost pressures still exist. The capacity utilization rate of the supply side industry has slightly increased, still below 50%. Manufacturers mainly deliver orders, and the supply side has a no pressure and price mentality. The downstream is cautious about following up on high-end prices. The focus of negotiations in the epoxy chloropropane market is becoming more stable, and market transactions are mainly driven by demand.

Raw material propylene:

According to the commodity market analysis system of Shengyi Society, on July 18th, the reference price of propylene was 7175.75, an increase of 0.6% compared to July 1st (7133.25). Recently, the price of raw material propylene has been fluctuating and consolidating, with cost support maintained.

Market forecast:

Short term costs and supply side support may continue, with downstream small orders mainly requiring follow-up. The market has a strong wait-and-see attitude, and it is expected that the oxygen chloropropane market will operate steadily in the short term. More attention still needs to be paid to market news guidance.