The market price of epichlorohydrin has fallen this week. As of December 31st, the benchmark price of epichlorohydrin in Shengyi Society is 9050.00 yuan/ton, which is the same as at the beginning of this month (9050.00 yuan/ton).

Price influencing factors:

On the raw material side, narrow range sorting of propylene is the main focus, while the market price of glycerol has risen. The cost side of epichlorohydrin is still under pressure. According to the market analysis system of Shengyi Society, as of December 31st, the benchmark price of propylene in Shengyi Society was 6840.75 yuan/ton, a decrease of -0.07% compared to the beginning of this month (6845.75 yuan/ton).

Supply side: Equipment situation: The overall operating rate of the epichlorohydrin industry is 50-60%. The market supply has increased.

Downstream demand side: Downstream mainly consumes inventory and purchases small amounts of replenishment as needed. The trading atmosphere for new orders is cold. Traders should maintain a mentality of buying up and not buying down, and be cautious and wait.

Market forecast: Analysts from Shengyi Society believe that the cost side prices are under pressure, and downstream inventory consumption is the main factor. They should purchase according to demand and purchase raw materials cautiously. In addition, some enterprises are expected to restart their facilities and increase their burdens. It is expected that there will be a slight fluctuation adjustment in the market price of epichlorohydrin in the short term, and more attention should still be paid to market price changes.