This week, the epoxy propane market trend is weak and stable. According to the monitoring and analysis system of Shengyi Society, as of April 18th, the benchmark price of Shengyi Society’s epoxy propane was 7450 yuan/ton, a decrease of -6.73% compared to early April.

Price influencing factors:
Supply side: Currently, there is ample supply of spot goods in the market, and some devices have maintenance plans in place.
Raw material side: The market price of raw material propylene has slightly increased, and the fluctuation has little impact on the market. According to the market analysis system of Shengyi Society, as of April 17th, the benchmark price of propylene in Shengyi Society was 6723.25 yuan/ton, a decrease of -0.33% compared to the beginning of this month (6745.75 yuan/ton).
Downstream demand side: The downstream market is mostly wait-and-see, with insufficient support from the demand side. The trading atmosphere is average, with a focus on on-demand procurement.
Market forecast:
Business Society’s epoxy propane analyst believes that the supply of epoxy propane is loose, the downstream trading atmosphere is average, and on-demand procurement is the main focus, with insufficient support from the demand side. It is expected that the epoxy propane market will continue its weak and stable trend in the later stage, and more attention should be paid to changes in raw material prices and downstream supply and demand.