According to the Commodity Market Analysis System of Business Society, as of June 27th, the average price quoted by epoxy chloropropane enterprises was 7875.00 yuan/ton, which is basically the same as the price on Monday.
Recently (6.24-6.27), the market price of epichlorohydrin has remained stable. Recently, the price of propylene raw materials has slightly increased, while the price of liquid chlorine raw materials has risen. The cost support is relatively strong, coupled with the shutdown and maintenance of some equipment, the market supply has shrunk, boosting market sentiment. Downstream inquiries and procurement enthusiasm is average, with small orders and demand buying being the main focus. The focus of negotiations in the epichlorohydrin market is mainly on stability.
Raw material propylene:
According to the commodity market analysis system of Shengyishe, on June 26th, the reference price for propylene was 7200.75, an increase of 5.05% compared to June 1st (6854.60). Recently, the price of raw material propylene has slightly increased, providing support for the epichlorohydrin market.
Future Market Forecast:
According to analysts from Business Society, the current cost and supply side support for epichlorohydrin is relatively strong, but the demand side performance is average. Downstream follow-up is cautious, and it is expected that the epichlorohydrin market may remain stagnant and operate on a wait-and-see basis in the short term. More attention still needs to be paid to market news guidance.
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