Price trend

On October 31, the market price of epichlorohydrin remained stable. According to data from SunSirs' monitoring and analysis system, as of October 31, the benchmark price of epichlorohydrin on SunSirs was 11,900.00 RMB/ton, a decrease of 2.46% compared to the beginning of the month.

Factors affecting price:

On the raw material side: High prices for glycerol provided rigid support for epichlorohydrin market prices. Propylene prices, however, were fluctuating downwards, offering weak cost support. Overall, raw material prices offered limited cost support for epichlorohydrin, and the market price was temporarily stable. According to data from SunSirs' market analysis system, as of October 31st, the benchmark price for propylene was 6,095.75 RMB/ton, a decrease of 6.84% compared to the beginning of the month (6,543.25 RMB/ton).

On the demand side: Downstream epoxy resin market demand was weak, with sluggish trading activity. Traders were mostly adopting a wait-and-see attitude and were cautious in their purchases, further exacerbating the market downturn. Downstream end-user consumption of epichlorohydrin was weak, lacking strong support. It is expected that the epichlorohydrin market price will remain weak and stable in the near future.

Market outlook

According to analysts at SunSirs, epichlorohydrin prices offered limited support from the cost side. Downstream demand was weak, with purchases limited to immediate needs and a sluggish trading atmosphere. The epichlorohydrin market is expected to remain weak and stable in the near future, with greater attention focused on 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.