According to the bulk list data of the Business News Agency, the average price quoted by epichlorohydrin enterprises was 8825.00 yuan/ton as of March 7, down 1.12% from the price on March 1.
The market of epichlorohydrin has been weak since March. Recently, the price of raw material propylene fluctuated and fell, the price of raw material glycerin was stable, the cost support was limited, the small downstream orders just needed replenishment, the factory shipment was under pressure, and the lack of demand support dragged down the focus of epichlorohydrin market negotiations.
Upstream propylene, according to the data monitoring of the Business News Agency, the recent domestic propylene (Shandong) market volatility fell. On March 6, the reference price of propylene was 7346.60, down 2.34% from March 1 (7522.60).
For downstream epoxy resin, the reference price of epoxy resin was 15100.00 on March 6, which was the same as that on March 1.
According to the epichlorohydrin analyst of the business agency, the current cost pressure still exists, but the demand is low, and the market transaction atmosphere is light. It is expected that the epichlorohydrin market may become stale and weak in the short term, and more attention still needs to be paid to the market news guidance.
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