This week, the domestic epoxy propane market trend has declined. According to the monitoring system of Shengyi Society, as of July 17th, the benchmark price of Shengyi Society’s epoxy propane was 7343.33 yuan/ton, an increase of 0.23% compared to July 1st.
Price influencing factors:
Raw material side: The market prices of raw materials propylene and liquid chlorine have declined, providing weak support for the price of epoxy propane. According to the market analysis system of Shengyi Society, as of July 16th, the benchmark price of propylene in Shengyi Society was 6500.75 yuan/ton, a decrease of 3.27% compared to the beginning of this month (6720.75 yuan/ton).
Supply side: In 2025, there will be an increase in production capacity and supply, such as the construction of 270000 tons/year of epoxy propane by PetroChina Guangxi Petrochemical (put into operation at the end of June 2025), and the addition of 300000 tons/year of epoxy propane by Huayi Qinzhou Chemical New Materials (put into trial operation in 2026). The expansion of production capacity intensifies market competition, and the pattern of loose market supply is difficult to change.
On the demand side: downstream demand for epoxy propane replenishment is urgent, and the market trading atmosphere is relatively quiet. Affected by tariff policies, downstream terminal markets have limited procurement of raw materials. Overall, the demand is facing limited support from the epoxy propane market, and the market may mainly operate weakly and steadily in the later stage.
Market forecast:
Business Society’s epoxy propane analyst believes that the supply side of epoxy propane is relatively loose, with insufficient support for raw material prices. In addition, downstream demand is weak, and there is a need for replenishment, resulting in poor market trading. It is expected that the epoxy propane market will mainly operate weakly and steadily in the later stage, and more attention should be paid to changes in raw material prices and downstream supply and demand.
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