Price trend:

The price of epichlorohydrin rose last week. According to the monitoring and analysis system of SunSirs, as of December 12th, the benchmark price of epichlorohydrin was 11,600 RMB/ton, an increase of 3.57% compared to the beginning of the month.

Price Influencing Factors:

Raw Materials: Last week, the price of propylene remained stable, while the price of glycerin continued to fall. Cost support from raw materials weakened. However, against the backdrop of previous maintenance shutdowns at production facilities and a reduction in overall industry inventory, manufacturers showed a strong willingness to maintain prices. On December 10th, the price in the Jiangsu market rose to approximately 11,600 RMB/ton, an increase of 3.1% compared to December 4th. According to SunSirs' market analysis system, as of December 12th, SunSirs' benchmark price for propylene was 6,220.75 RMB/ton, an increase of 0.65% compared to the beginning of the month (6,180.75 RMB/ton).

Demand side: The downstream epoxy resin market was weak, with a sluggish trading atmosphere.  Purchases were mainly limited to small orders for immediate needs, and there was limited willingness to accept high prices for epichlorohydrin. Market transaction volume was low.

Market Outlook

According to analysts at SunSirs, the support from the cost side of epichlorohydrin was weakening, downstream demand iwas sluggish, and the market trading atmosphere was weak. Epichlorohydrin manufacturers had a bearish sentiment, and trading activity was subdued, mainly consisting of small orders for immediate needs. It is expected that the epichlorohydrin market price will mainly consolidate in the future. Further developments will depend on changes in raw material prices and market supply and demand.

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