According to the Commodity Market Analysis System of Business Society, as of January 29th, the average price quoted by epoxy chloropropane enterprises was 8125.00 yuan/ton, which is the same as the price on January 1st.

The market for epichlorohydrin remained stable in January. In the first half of the month, raw material prices adjusted narrowly, with average cost support and low industry capacity utilization. Enterprises mainly delivered contracts and self use, with tight spot supply. Downstream demand followed up with small orders after phased replenishment, resulting in a stalemate in the market atmosphere and average transactions. Holders adjusted their prices flexibly based on their own situation, and the focus of negotiations in the epichlorohydrin market remained stable with little movement. In the second half of the month, cost support is limited, and spot supply is tight and continuing. However, there is a lack of strong support in the demand side. Downstream rigid demand will follow up with price adjustments, and market negotiations will focus on stability.

Upstream propylene, according to the commodity market analysis system of Business Society, the reference price of propylene on January 29th was 6955.75, an increase of 1.27% compared to January 1st (6868.25), and the cost is generally supported by the epichlorohydrin market.

According to the commodity market analysis system of Business Society, the reference price for downstream epoxy resin on January 29th was 13133.33, a decrease of 0.76% compared to January 1st (13233.33), indicating insufficient support for the epoxy chloropropane market.

Analysts from Business Society believe that the current cost impact is limited, with tight supply side spot support. However, downstream pre holiday stocking is nearing completion, and the market trading atmosphere is average. It is expected that the short-term market for epichlorohydrin may remain stable, and more attention should be paid to market news guidance.