SunSirs: The Epichlorohydrin Market Rose Initially and Then Fell in October

Price trend

The epichlorohydrin market saw a rise followed by a fall in October. According to data from SunSirs monitoring and analysis system, as of October 31, the benchmark price for epichlorohydrin was 11,900.00 RMB/ton, a decrease of 2.46% compared to the beginning of the month.

Price Influencing Factors:

Raw Material Side: High prices for raw material glycerin provided rigid support for epichlorohydrin market prices. Propylene prices fluctuated downwards this month, offering limited cost support. According to data from SunSirs' market analysis system, as of October 31st, SunSirs' benchmark propylene price 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 are 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 based on immediate needs and a sluggish trading atmosphere. The epichlorohydrin market is expected to remain weak and stable in the near future, with more attention focused on raw material prices and changes in market supply and demand.

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