According to the Commodity Market Analysis System of the Business Society, as of April 19, the average price of epoxy propane enterprises was 9465.00 yuan/ton, a decrease of 0.79% compared to last Thursday (April 13).
The recent market situation of epoxy propane has been stagnant and showing weak performance. Recently, the prices of raw materials such as propylene and liquid chlorine have risen, leading to increased cost support. Last Friday, there was a slight accumulation of inventory on the supply side, but the pressure was controllable. The enthusiasm for downstream procurement was not high, and the market outlook showed weak consolidation. At the beginning of this week, shipments from factories in production were flat, and downstream prices were kept low. The market outlook atmosphere was strong. On the 19th, the mainstream quotation for epoxy propane in the Shandong region was around 9550-9700 yuan/ton.
Upstream propylene, according to the commodity market analysis system of the business community, the price of propylene in Shandong has risen recently. On April 18, the reference price of propylene was 7400.60, up 3.67% from April 1 (7138.60).
The epoxy propane analyst at Business Society believes that the current cost support is average, with stable supply side devices being the main focus, and downstream cautious and low volume follow-up. The market atmosphere is average, and it is expected that the epoxy propane market may wait and see for consolidation and operation in the short term, and more attention needs to be paid to market news guidance.
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