This week, the domestic epoxy propane market price has slightly declined. According to the monitoring system of Shengyi Society, as of July 4th, the benchmark price of Shengyi Society’s epoxy propane was 7126.67 yuan/ton, a decrease of 4.68% compared to June 30th.

Price influencing factors:
Raw material side: The market price of raw material propylene fluctuates slightly, and the impact on the cost side is not significant. According to the market analysis system of Shengyi Society, as of July 3rd, the benchmark price of propylene in Shengyi Society was 6743.25 yuan/ton, an increase of 0.33% compared to the beginning of this month (6720.75 yuan/ton).
Supply side: In early July, some enterprise installations were put into operation, and the market supply was slightly loose. The trading focus of the epoxy propane market continued to decline.
On the demand side: downstream demand for epoxy propane replenishment is urgent, and the market trading atmosphere is relatively quiet. Affected by 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 mainly operate weakly and steadily in the later stage.
Market forecast:
Business Society’s epoxy propane analyst believes that the supply side of epoxy propane is relatively loose, downstream demand is weak, and there is a need for replenishment, cautious procurement, and a relatively quiet market trading atmosphere. It is expected that the epoxy propane market will mainly operate weakly and steadily in the later stage, and more attention should be paid to changes in raw material prices and downstream supply and demand.