According to the commodity market analysis system of the business community, as of July 14, the average price quoted by Epichlorohydrin enterprises was 7525.00 yuan/ton, which was the same as the price on Monday.

This week, the enterprise quotation in Epichlorohydrin market is mainly stable, and the market is very competitive. Recently, the price of raw propylene has fluctuated in a narrow range. The price of raw glycerin is mainly stable, and the impact on the cost side is limited. The capacity utilization rate of the supply side industry has declined compared with the previous period. The factory production and marketing are under no pressure, supporting the market’s rising mentality. The main downstream epoxy resin market is running strongly, and the purchase of raw materials needs to be followed up. The focus of Epichlorohydrin market negotiation is stable and rising.

Upstream propylene, according to the Commodity Market Analysis System of Business Society, on July 13th, the reference price for propylene was 6370.75, a decrease of 2.26% compared to July 1st (6518.25).

Downstream epoxy resin, according to the Commodity Market Analysis System of the Business Society, the reference price for epoxy resin on July 13th was 12933.33, an increase of 3.19% compared to July 1st (12533.33).

Analysts of Epichlorohydrin from the Business Agency believe that the cost has little impact at present, and the supply and demand support still exists. It is expected that the epichlorohydrin market will be in a stalemate in the short term, and more attention should be paid to the market news guidance.