This week, the market situation of epichlorohydrin has fallen, and the price trend has declined. As of August 16th, the benchmark price of epichlorohydrin in Shengyi Society was 7987.50 yuan/ton, a decrease of 0.47% compared to August 9th (8025.00 yuan/ton).

Price influencing factors:

Raw material side: Recently, the price trend of propylene market has declined, the price of liquid chlorine market first fell and then rose, and the raw material glycerol has steadily risen. Overall, cost pressures still exist. According to the market analysis system of Shengyi Society, as of August 16th, the benchmark price of propylene in Shengyi Society was 6873.25 yuan/ton, a decrease of -2.96% compared to the beginning of this month (7083.25 yuan/ton).

Equipment situation: The operating rate of the epichlorohydrin industry was 50-60% within the week.

Downstream demand side: The consolidation and operation of the downstream epoxy resin market is the main focus. There is sufficient inventory, and some factories are temporarily shutting down to adjust the load of their equipment under inventory pressure. Downstream terminal inquiries are not active, cautious procurement of raw materials, insufficient follow-up on new orders, and weak signing volume.

Market forecast: Analysts from Shengyi Society believe that there is still cost pressure, insufficient follow-up of downstream new orders, cautious procurement of raw materials, and the main demand for transactions. It is expected that the epoxy chloropropane market will operate weakly and steadily in the short term, and more attention should be paid to changes in raw material prices.