This week, the domestic epoxy propane market price has slightly increased. According to the monitoring system of Shengyi Society, as of September 5th, the benchmark price of Shengyi Society’s epoxy propane was 7550 yuan/ton, an increase of 1.34% compared to the beginning of the month.

Price influencing factors:
Raw material side: This week, the price of raw material propylene has risen, supported by high cost side prices, and the price of epoxy propane has shown a slight increase. According to the market analysis system of Shengyi Society, as of September 4th, the benchmark price of propylene in Shengyi Society was 6678.25 yuan/ton, an increase of 0.23% compared to the beginning of this month (6663.25 yuan/ton).
Supply side: The decrease in epoxy propane inventory has increased the support for epoxy propane market prices, resulting in a slight upward fluctuation in prices.
On the demand side, downstream demand for epoxy propane follows up on dips, with an increase in new order volume in the market and smooth shipments from enterprises. It is expected that the epoxy propane market price will experience narrow fluctuations in the near future.
Market forecast:
An epoxy propane analyst from Shengyi Society believes that the supply of epoxy propane in the market is tight, and raw material prices have risen. In addition, downstream markets have followed up on buying at low prices, creating a positive trading atmosphere and shifting the focus of market prices. It is expected that the short-term epoxy propane market will mainly experience narrow fluctuations, and more attention should be paid to changes in raw material prices and upstream and downstream supply and demand.