The market price of epichlorohydrin has risen this week. According to the monitoring and analysis system of Shengyi Society, as of December 12th, the benchmark price of Shengyi Society’s epichlorohydrin was 11600 yuan/ton, an increase of 3.57% compared to the beginning of this month.
Price influencing factors:

Raw material side: This week, the price of raw material propylene is temporarily stable, while the price of glycerol continues to decline. The cost support of raw materials has weakened. Against the backdrop of early maintenance by production enterprises and overall inventory reduction in the industry, production enterprises are actively willing to raise prices. On December 10th, the market price in Jiangsu rose to around 11600 yuan/ton, an increase of 3.1% from December 4th. According to the market analysis system of Shengyi Society, as of December 12th, the benchmark price of propylene in Shengyi Society was 6220.75 yuan/ton, an increase of 0.65% compared to the beginning of this month (6180.75 yuan/ton).
Demand side: The downstream epoxy resin market has weak demand, with a cold trading atmosphere and a focus on small orders for essential needs. The willingness to accept high priced epichlorohydrin is limited, resulting in limited market trading volume.
Market forecast: Business Society’s epoxy chloropropane analyst believes that the cost side support for epoxy chloropropane will weaken, downstream demand will be weak, market trading atmosphere will be cold, epoxy chloropropane manufacturers’ mentality will be bearish, trading atmosphere will be cold, and small orders for first-time purchases will be the main focus. It is expected that the epoxy chloropropane market price will mainly consolidate in the later stage, and more attention still needs to be paid to changes in raw material prices and market supply and demand.