According to the Commodity Market Analysis System of Shengyi Society, as of July 23, the average price of epoxy propane in the domestic market was reference at 8952.50 yuan/ton, an increase of 0.08% compared to last Wednesday’s (July 17) price.
From the commodity market analysis system of Shengyi Society, it can be seen that the epoxy propane market has slightly increased recently. As of July 23rd, the mainstream price reference for epoxy propane in Shandong’s market is around 8700 yuan/ton.
Analysis of Factors Influencing Market Trends:
On the cost side: Recently, the price of raw material propylene has fluctuated narrowly, and the price of raw material liquid chlorine first fell and then rose. The cost is supported by the epoxy propane market.
Supply and demand side: Some equipment maintenance and load reduction operations have led to an overall decrease in market supply, low inventory levels on the supply side, manufacturers are not pressured to raise prices, downstream companies are mainly observing and following up appropriately, and the focus of negotiations in the epoxy propane market is stable with a slight increase.
Market forecast:
Business Society’s epoxy propane analyst believes that short-term cost support continues, supply side pressure is temporarily controllable, and downstream follow-up is mainly wait-and-see. It is expected that in the short term, the epoxy propane market will remain strong and wait-and-see, and more attention should be paid to market news guidance.
| http://www.polyvinylalcohols.com |