Price trend

Epichlorohydrin market prices rose last week. According to the SunSirs monitoring and analysis system, as of August 21, the SunSirs standard price for epichlorohydrin was 11,300 RMB/ton, down 0.88% from the beginning of August.

Influencing factors

Raw material prices: Propylene prices fell last week, while glycerin prices remained high. Overall, costs remained under pressure, and declining spot inventories contributed to rising prices for epichlorohydrin. According to the SunSirs market analysis system, as of August 21, the SunSirs benchmark price for propylene was 6,548.25 RMB/ton, up 1.79% from 6,433.25 RMB/ton at the beginning of the month.

On the demand side: The downstream epoxy resin market was experiencing a wait-and-see attitude, with small, just-in-time orders predominantly. As of August 21, epoxy resin market capacity utilization was around 50%, indicating a relatively ample supply. Some downstream companies had tentatively raised prices, but due to weak end-user demand and a subdued trading atmosphere, actual orders were few and far between. Overall, demand-side support for the epichlorohydrin market was limited.

Market outlook

SunSirs’ epichlorohydrin analyst believes that the cost side of glycerol and propylene prices were consolidating at high levels, the market spot inventory was declining, epichlorohydrin manufacturers were optimistic, and the sentiment to push prices was relatively positive. It is expected that the epichlorohydrin market will be stable and stronger in the near future, and more attention still needs to be paid to raw material prices and changes in market supply and demand.

If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.