SunSirs--China Commodity Data Group

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SunSirs: Epichlorohydrin will be Bearish in the Future

February 24 2023 13:52:52     https://www.100ppi.com/news/detail-20230223-2501414.html

The latest price of epichlorohydrin (February 23): 9200.00 RMB/ton

Key points of analysis: On February 22, the price of epichlorohydrin fell by 1.08% compared with the price of the previous trading day. Recently, the market price of raw material propylene has risen, the price of raw material glycerin is stable, and the cost side pressure is high, but the demand side has not followed up enough. The downstream bargain-hunting small order just needs to be purchased, and the shipment of the carrier is under pressure, and the focus of the epichlorohydrin market negotiation has declined.

Aftermarket forecast: It is expected that the market of oxychloropropane will be stagnant and weak in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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