According to the Commodity Market Analysis System of Shengyi Society, as of July 29th, the average price of epoxy propane enterprises was 8962.50 yuan/ton, an increase of 0.25% compared to the price on July 1st.

The market price of epichlorohydrin increased slightly in July. At the beginning of the month, the inventory pressure on the supply side was controllable, but downstream demand performance was mediocre, and the purchasing mentality was cautious and cautious, resulting in a weak market operation. With the narrow rebound of epoxy propane prices at a low level, market transactions are average and the market is stable. Entering the middle of the year, individual devices experienced fluctuations, downstream polyether new orders increased, the shipping atmosphere of enterprises improved, and the focus of negotiations in the epoxy propane market shifted upwards. In the latter half of the year, cost support still exists, supply side inventory is low, manufacturers have no pressure to raise prices, and downstream companies are mainly observing and following up appropriately.

Upstream propylene: According to the Commodity Market Analysis System of Shengyi Society, as of July 29th, the reference price of propylene was 7098.25, a decrease of 0.49% compared to July 1st (7133.25). The price of raw material propylene fluctuated slightly in July, which still provides sufficient support for the epoxy propane market.

Business Society’s epoxy propane analyst believes that there is currently no pressure on the supply side, and the market atmosphere is still acceptable. It is expected that the epoxy propane market will remain stable and strong in the short term, and more attention should be paid to market news guidance.