Recently, the market price of epichlorohydrin has remained stable with little fluctuation. According to the Commodity Market Analysis System of Business Society, as of January 15th, the average price quoted by epoxy chloropropane enterprises was 8150.00 yuan/ton, which is unchanged from the price on Tuesday (January 9th) last week.

Price influencing factors:

Cost side: According to the commodity market analysis system of Shengyishe, the domestic propylene (Shandong) market has recently seen a slight increase, with weak and stable prices of raw material glycerol. The cost side has a moderate impact on the market of epichlorohydrin.

Supply and demand side: The utilization rate of production capacity on the supply side is around 50%, and spot supply is tight. Enterprises have weak intentions to sell low, but downstream demand follow-up is insufficient. Inquiries and purchases require small orders to follow up, resulting in a stalemate in the market atmosphere and average transactions. Holders can adjust their prices flexibly according to their own situation, and the focus of negotiations in the epichlorohydrin market is stable with little movement.

Analysts from Business Society believe that the current cost impact is average, and there is currently no pressure on supply side inventory. However, demand follow-up is weak, and the market mentality is cautious. It is expected that the market for epichlorohydrin will stabilize and operate in the short term, and more attention still needs to be paid to market news guidance.