This week, the epoxy propane market is mainly stable. According to the Commodity Market Analysis System of Shengyishe, as of May 11th, the average price of epoxy propane in the domestic market is based on 9225.00 yuan/ton, which is basically the same as the price on May 6th.

Price influencing factors:

Cost side: Raw material propylene. According to the commodity market analysis system of Shengyishe, the average price in the Shandong market at the beginning of the week was 6774 yuan/ton, and the average price over the weekend was 6852 yuan/ton, with a weekly increase of 1.15%. After the holiday, the domestic propylene (Shandong) market slightly increased, while the raw material liquid chlorine fluctuated narrowly after the holiday. The cost side is still supported.

Supply and demand side: After the holiday, the spot supply in the East China market is tight, and the inventory pressure in the Shandong market has eased. The supply side supports the market with a strong mentality. On the demand side, downstream is observing and following up on demand in moderation, and overall performance is average.

Future Market Forecast:

Business Society’s epoxy propane analyst believes that the propylene market for future raw materials may have a narrow consolidation operation, while the liquid chlorine market is still viable, and short-term cost support may continue. On the supply side, there may be an increase, but the pressure is temporarily controllable. On the demand side, wait and see is the main focus, and supply and demand support is average. It is expected that in the short term, the epoxy propane market may fluctuate steadily with a narrow range, and more attention needs to be paid to market news guidance.