The recent market trend of epoxy propane has been mainly stable. According to the Commodity Market Analysis System of Shengyishe, as of November 26th, the average price of epoxy propane for enterprises was 9300.00 yuan/ton, which is unchanged from last Monday (November 20th).

Cost side: According to the commodity market analysis system of Shengyishe, the domestic propylene (Shandong) market has slightly increased recently (11.20-11.24). The average price in the Shandong market at the beginning of the week was 7045 yuan/ton, and the average price over the weekend was 7074 yuan/ton, with a weekly increase of 0.43%. Cost support from the epoxy propane market has increased.

Supply and demand side: At the beginning of last week, the supply side operated without pressure, with smooth factory shipments and downstream follow-up purchases. The market atmosphere was strong, but factory shipments weakened in the middle of the week, and the market trading atmosphere slowed down. On the 24th, the mainstream quotation for Shandong epoxy propane market was 9150 yuan/ton, with average downstream demand and a strong wait-and-see atmosphere in the market.

Business Society’s epoxy propane analyst believes that there is currently some support on the cost side, factory shipments are still acceptable, and the demand side is watching and following. It is expected that the epoxy propane market will operate steadily in the short term, and more attention should be paid to market news guidance.