The price of propylene oxide rose 16.00% year-on-year to 24.00% in the three-month period ending on November 2, according to the data of the bulk chlorine agency.

In February, epichlorohydrin market rose first and then fell. After the festival, the price of raw material propylene rose, the glycerol market operated strongly, the cost support increased, the manufacturers had no pressure, the downstream terminals resumed work one after another, the enthusiasm for inquiry and procurement increased, the market mentality improved, and the market price of epichlorohydrin increased. As the downstream just needs replenishment after the festival, the enthusiasm of market inquiry and procurement is weakened, the consumption is about long and the inventory is dominated, the mentality of cargo holders is under pressure, the price of epichlorohydrin is lower, the downstream demand is not followed up in the latter ten days, the market trading atmosphere is light, and the market is weak.

Upstream propylene, according to the data monitoring of business society, the reference price of propylene was 7984.00 on February 23, up 3.01% compared with February 1 (7750.80). After another decline in the domestic propylene price, the market began to stop falling and rebound, of which propylene (Shandong) rose to 8000-8050 yuan / ton. On the one hand, the price of crude oil is rising and the cost pressure is increasing; On the other hand, the downstream returned to normal, the terminal procurement continued to follow up, and the price rose with the trend.

For downstream epoxy resin, on February 23, the liquid epoxy resin Market in East China was light, and the actual order fell negatively. The low offer fell 200-300 again, and the negotiation was 28000-28600 yuan / ton. Raw material bisphenol A fell, the market offer was 18200 yuan / ton, and cyclic chlorine fell. The cost side is weak and the actual single transaction is insufficient.

The epichlorohydrin analyst of business society believes that the current cost side has certain support. With the price falling to a low level, the market inquiry atmosphere is improved, and the downstream inventory and replenishment expectation, it is expected that the market of epichlorohydrin may stop falling and sort out in the short term. More attention should be paid to the guidance of market news.