According to the data of the trade agency’s bulk list, as of August 10, the average price of epichlorohydrin enterprises was 11433.33 yuan / ton, which was the same as the price on August 1, down 36.25% compared with the price on July 10, and down 38.64% year-on-year in a three-month cycle.

In the recent period (8.1-8.10), the quotation of epichlorohydrin enterprises fluctuated and weakened, and the overall market atmosphere was light. Recently, the price of raw material propylene has risen, the price of raw material glycerin is temporarily stable, the cost is supported by a certain extent, the market operating load has increased slightly, the supply side is sufficient, but the demand side is weak, the market wait-and-see atmosphere is strong, and the trading atmosphere is flat.

According to the data monitoring of the business agency, the reference price of propylene in the upstream was 7240.60 on August 9, down 1.47% compared with 7348.60 on August 1.

The downstream epoxy resin, according to the data monitoring of the business agency, on August 9, the reference price of epoxy resin was 17750.00, an increase of 1.14% compared with August 1 (17550.00).

The epichlorohydrin analyst of business club believes that the current cost support is acceptable, but the supply and demand support is insufficient. The downstream procurement is more cautious and wait-and-see. It is expected that the epichlorohydrin market will be dominated by stalemate in the short term.