According to the Commodity Market Analysis System of Shengyi Society, as of January 20th, the benchmark price of Shengyi Society’s epoxy propane was 8075.00 yuan/ton, a decrease of -3.00% compared to the beginning of this month (8325.00 yuan/ton). In early January 2025, the price of epichlorohydrin was relatively high, but subsequently, due to the impact of increased production capacity and the willingness of manufacturers to quickly release inventory, the price began to decline. The second half of the month was mainly characterized by price fluctuations and consolidation.

Price influencing factors: Supply side: Due to the planned resumption of production for most factory maintenance equipment in December, the market supply has increased.

Raw material side: The rise and fall of liquid chloropropene on the raw material side varies. According to the market analysis system of Shengyi Society, as of January 20th, the benchmark price of propylene in Shengyi Society was 7008.25 yuan/ton, an increase of 2.52% compared to the beginning of this month (6835.75 yuan/ton).

Downstream demand side: As the Spring Festival approaches, downstream enterprises have seen a certain increase in orders in the early stages. However, recent new orders have shown average performance, with insufficient follow-up on procurement and sluggish actual market transactions. Overall, during the off-season of market demand, the demand for epichlorohydrin is relatively weak.

Market forecast:

Business Society’s epoxy propane analyst believes that with the restart and recovery of enterprise equipment, epoxy propane production has increased. Downstream demand side procurement is cautious and lacks follow-up, and there is a strong wait-and-see mentality. In addition, as the Spring Festival approaches, enterprises are gradually taking holidays and market closures. It is expected that the epoxy propane market will mainly experience fluctuations and consolidation, and more attention should be paid to market news guidance.