According to the data of the bulk list of business community, as of August 18, the average price of epichlorohydrin enterprises was 11133.33 yuan / ton, down 0.30% compared with the price on Monday (August 15), down 10.09% compared with the price on July 18, and down 40.25% year-on-year in a three-month cycle.

Recently (August 15-18), the quotation of epichlorohydrin enterprises fell first and then rose. Recently, the price of raw material propylene has dropped slightly. The raw material glycerin is mainly stable, and the cost is still supported. At the beginning of the week, the market supply is sufficient, but the downstream demand has not been significantly improved. The atmosphere of inquiry and purchase is general, and the carrier’s shipment is under pressure. The market price has dropped. With the slight improvement of the enthusiasm of downstream inquiry and market entry, the price of some enterprises increased on the 18th, and the market wait-and-see atmosphere is still strong.

According to the data monitoring of the business agency, the reference price of propylene in the upstream was 7050.60 on August 17, a decrease of 4.06% compared with August 1 (7348.60).

For downstream epoxy resin, on August 17, the benchmark price of epoxy resin in business community was 18062.50 yuan / ton, up 2.92% compared with August 1 (17550.00 yuan / ton).

The epichlorohydrin analyst of business club believes that at present, the support of the cost side still exists, the downstream just needs to follow up, and the market mentality is slightly improved. However, the downstream purchasing mentality is still cautious. It is expected that the epichlorohydrin market will mainly wait and see in the short term, and more attention should be paid to market information and guidance.