This week, the epoxy propane market is mainly consolidating. According to the Commodity Market Analysis System of Shengyi Society, as of December 27th, the benchmark price of Shengyi Society’s epoxy propane was 8402.5 yuan/ton, a decrease of -1.47% compared to the beginning of this month.

Price influencing factors:

Supply side: With the gradual restart of enterprise facilities, the production of epichlorohydrin has increased. At present, the estimated production for December is 484100 tons, with an increase of only 12600 tons compared to November.

Raw material end: narrow width finishing of propylene is the main focus. According to the market analysis system of Shengyi Society, as of December 27th, the benchmark price of propylene in Shengyi Society was 6823.25 yuan/ton, a decrease of -0.33% compared to the beginning of this month (6845.75 yuan/ton).

Downstream demand side: Downstream demand sentiment is relatively cold, procurement follow-up is insufficient, market actual order trading is cold, and first-time purchases are the main focus, with a cautious and wait-and-see attitude.

Market forecast: Business Society’s epoxy propane analyst believes that with the restart and recovery of enterprise equipment, the production of epoxy propane has increased. Downstream demand side purchases are cautious and lack follow-up, and the wait-and-see mentality is strong. It is expected that the short-term epoxy propane market will mainly fluctuate and consolidate, and more attention should be paid to market news guidance.