According to the bulk list data of business cooperatives, as of October 21, the average price quoted by epichlorohydrin enterprises was 10500.00 yuan/ton, 3.08% lower than the price on Monday, 6.80% lower than the price on September 21, and 13.46% lower than the price on a three-month cycle.

Epichlorohydrin market fell this week. From the perspective of supply and demand, some devices in Hebei, Shandong and Zhejiang at the supply end are in shutdown state, but the demand side performance is poor. The downstream procurement intention is not high, and more wait-and-see. Only small orders just need replenishment. The delivery of the goods is not smooth, and the market supply is sufficient.

In terms of upstream and downstream: raw propylene, according to the data monitoring of the business community, the domestic propylene (Shandong) market continued to decline in a narrow range this week. The average price of the Shandong market at the beginning of the week was 7436 yuan/ton, and the average price at the weekend was 7426 yuan/ton, with a weekly decline of 0.13%, up 0.05% from 30 days ago. The cost support of the propylene method was insufficient. The raw material glycerin is weak, but the cost pressure still exists. The reference price of downstream epoxy resin was 19100.00 on October 20, a decrease of 6.98% compared with October 1 (20533.33).

According to the epichlorohydrin analysts of the business community, the current cost support is insufficient, the downstream buying is cautious, the wait-and-see atmosphere is strong, and the shipment of the cargo holders is under pressure. It is estimated that the epichlorohydrin market may be weak in the short term, so more attention should be paid to the market news guidance.