According to the bulk list data of the Business News Agency, the average price quoted by epichlorohydrin enterprises was 9200.00 yuan/ton as of February 23, down 1.08% from Monday’s price.

The epichlorohydrin market fell first and then stabilized this week. Recently, the price of raw material propylene rose first and then fell. The price of raw material glycerin was stable, and the cost side pressure was high, but the demand side was not followed up enough. The downstream bargain-hunting small order just needed to be purchased, and the shipment of the carrier was under pressure. The focus of the epichlorohydrin market negotiation was weak.

Upstream propylene, according to the data monitoring of the Business News Agency, the recent domestic propylene (Shandong) market rose first and then fell. On February 22, the reference price of propylene was 7695.75, up 2.19% from February 1 (7530.75).

For downstream epoxy resin, the reference price of epoxy resin was 15366.67 on February 22, down 7.43% from February 1 (16600.00).

According to the epichlorohydrin analyst of the business agency, the current cost support is strong, but the demand is weak, and the market trading atmosphere is flat. It is expected that the epichlorohydrin market may become stale and weak in the short term, and more attention still needs to be paid to the guidance of market news.