According to the commodity market analysis system of the business community, as of June 9, the average price quoted by Epichlorohydrin enterprises was 8212.50 yuan/ton, down 5.06% compared with the price on Monday.

The market of Epichlorohydrin fell this week. Recently, the price of raw propylene has fluctuated in a narrow range. The cost of propylene method is generally supported, and the cost of raw glycerin has been adjusted in a narrow range. The cost of glycerin method is under great pressure, and the capacity utilization rate of the supply side industry has declined. However, the demand side performance is poor. Downstream consumption of raw materials is dominated by inventory. Inquiries into the market are not enthusiastic, and the mentality of the industry is insufficient. The cargo holders give up profits for shipment, and the focus of Epichlorohydrin market negotiation has declined.

Upstream propylene, according to the Commodity Market Analysis System of Business Society, the reference price for propylene on June 8th was 6310.75, a decrease of 2.32% compared to June 1st (6460.75).

The downstream epoxy resin, according to the commodity market analysis system of the business community, the reference price of Epichlorohydrin was 8275.00 on June 8, 4.89% lower than that on June 1 (8700.00).

Analysts of Epichlorohydrin from the business agency believe that the demand side dominates the market at present, and the demand side follow-up is still insufficient. It is expected that the epichlorohydrin market will be weak in the short term, and more attention should be paid to the changes of supply side devices and raw material prices.