SunSirs: It is Expected that the Epoxy Propane Market will Undergo Weak Consolidation and Operation in the Short Term
May 11 2023 15:23:06Latest price of epoxy propane (5-10): 10200.00 RMB/ton, bearish in the future
Key points of analysis: On May 10th, the epoxy propane market in Shandong Province remained stable, with some companies adjusting their prices, resulting in a 1.75% increase compared to Monday's prices. Recently, the price of raw material propylene has narrowed down, with average cost support. The supply side devices are mainly stable, and some inventory is under pressure. Downstream cautious wait-and-see sentiment is strong, and when it comes to purchasing at a low price, the main focus is on low demand, resulting in a lack of mentality among operators.
Future forecast: It is expected that the epoxy propane market may be weak in the short term, and more attention needs to be paid to market news guidance.
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