The price trend of domestic epoxy propane market has declined this week. According to the monitoring system of Shengyi Society, as of December 19th, the benchmark price of Shengyi Society’s epoxy propane was 7850 yuan/ton, an increase of 1.29% compared to December 1st.

Price influencing factors:
Raw material side: This week, the price of raw material propylene has slightly fallen, and the cost side support is insufficient, resulting in a decrease in the market price of epoxy propane. According to the market analysis system of Shengyi Society, as of December 19th, the benchmark price of propylene in Shengyi Society was 6115.75 yuan/ton, a decrease of 1.05% compared to the beginning of this month (6180.75 yuan/ton).
Supply side: Some major manufacturers of epoxy propane have gradually released their production capacity, easing the tight supply situation. Currently, there is sufficient inventory, and downstream procurement follow-up is insufficient, resulting in a downward trend in epoxy propane prices.
Demand side: Downstream demand side procurement sentiment is cold, market transaction orders are limited, small orders are mainly for first-time purchases, the trading atmosphere of epoxy propane enterprises has weakened, and shipments are not smooth. It is expected that the epoxy propane market will mainly operate in a stable to weak manner in the later stage.
Market forecast:
Business Society’s epoxy propane analyst believes that the support for the decline in raw material propylene market prices has weakened, downstream demand side purchasing enthusiasm has weakened, and epoxy propane shipments are not smooth. In addition, with the gradual release of production capacity by some enterprises and sufficient inventory, it is expected that the epoxy propane market will operate steadily and weakly in the short term, and more attention should be paid to changes in raw material prices and market supply and demand.