After the May Day holiday, the market price of epoxy propane rebounded slightly

After the May Day holiday, the market price of epoxy propane rebounded slightly. On May 12th, the ex factory price of epoxy propane from Shandong Lihua Yiwei Yuan was 7270 yuan/ton, an increase of 20 yuan/ton from the previous day. According to the monitoring system of Shengyi Society, as of May 12th, the benchmark price of Shengyi Society’s epoxy propane was 7500 yuan/ton, an increase of 2.39% compared to early May.

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Price influencing factors:
Raw material side: The increase in the market price of raw material propylene provides some support for the epoxy propane market. According to the market analysis system of Shengyi Society, as of May 12th, the benchmark price of propylene in Shengyi Society was 6630.75 yuan/ton, an increase of 0.91% compared to the beginning of this month (6570.75 yuan/ton).
On the demand side: downstream demand for epoxy propane replenishment after the holiday, the market trading atmosphere is relatively cautious. The price of epichlorohydrin rebounded slightly to the range of 7250-7650 yuan/ton. In addition, due to the impact of tariff policies, downstream terminal markets have limited procurement of raw materials. Overall, the demand is facing limited support from the epoxy propane market, and the market may maintain a strong and volatile trend in the later stage.
Market forecast:
Business Society’s epoxy propane analyst believes that downstream epoxy propane urgently needs replenishment, cautious procurement, cold market trading atmosphere, and insufficient demand support. However, there is some support on the raw material side, and it is expected that the epoxy propane market will maintain a strong and volatile trend in the later stage. More attention should be paid to changes in raw material prices and downstream supply and demand.

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