Recently, the atmosphere in the epoxy chloropropane market has been weak, and transactions have continued to be light. According to the Commodity Market Analysis System of Business Society, as of March 21, the average price quoted by epoxy chloropropane enterprises was 8075.00 yuan/ton, a decrease of 0.92% compared to March 11 (the reference price of epoxy chloropropane was 8150.00).

Supply and demand side: The utilization rate of production capacity on the supply side is around 50%, and the terminal demand is poor. The main downstream epoxy resin shipments are not smooth, and actual transactions are limited. The intention to buy epichlorohydrin is low, and small orders need to be followed up. The market’s new order transactions are flat, and the epichlorohydrin market is operating under pressure.

Cost side: According to the analysis system of the commodity market of Shengyishe, the price of propylene as a raw material has recently risen narrowly, while the price of glycerol as a raw material has remained stable. Cost pressure still exists, but it has limited impact on the price of epichlorohydrin.

Analysts from Business Society believe that there is still support for the cost side, and some factories have parking plans. However, short-term demand may remain weak or dominate the market. It is expected that the market for epichlorohydrin may operate weakly in the short term, and more attention still needs to be paid to market news guidance.