According to the Commodity Market Analysis System of Shengyishe, as of July 9th, the average price of epoxy propane in the domestic market was referenced at 8930.00 yuan/ton, a decrease of 0.11% compared to the beginning of the month.

From the commodity market analysis system of Shengyishe, it can be seen that in July, the price of epoxy propane in the market fell slightly and then remained stagnant and consolidated. However, after a slight recovery in recent times, it will continue to operate on a wait-and-see basis. As of July 9th, the mainstream price reference for Shandong epoxy propane market is around 8500-8600 yuan/ton.

Analysis of market influencing factors:

Cost side: Entering July, the price of raw material propylene fluctuated narrowly. According to the commodity market analysis system of Shengyishe, the reference price of propylene on July 8th was 7113.25, a decrease of 0.28% compared to July 1st (7133.25). Since July, the main increase in raw material liquid chlorine has been. In recent years, the cost side of the epoxy propane market has been under pressure.

Supply and demand side: At the beginning of the month, some enterprises experienced fluctuations in their equipment, and inventory pressure on the supply side was controllable. However, downstream demand was mediocre, and purchasing attitudes were cautious, resulting in a weak performance in the epoxy propane market. This week, the price of epoxy propane rebounded narrowly from a low level, and downstream observers followed suit. The market atmosphere was average, and the market stabilized again.

Future Market Forecast:

The epoxy propane analyst from Business Society believes that there is still cost support in the current market, and the demand side is mainly wait-and-see. The market transaction atmosphere is average, and it is expected that in the short term, the epoxy propane market may continue to operate in a wait-and-see manner, and more attention should be paid to market news guidance.