According to the bulk list data of business cooperatives, as of November 4, the average price quoted by epichlorohydrin enterprises was 9306.67 yuan/ton, down 4.38% compared with the price on Monday, 17.40% compared with the price on October 4, and 18.60% year-on-year in a three-month cycle.

The epichlorohydrin market was weak this week, and the trading atmosphere was light. From the perspective of supply and demand: some devices at the supply end are in a shutdown state, but the downstream is not in a good mood to purchase raw materials. The market supply is sufficient, and the inventory is under pressure. The cargo holder gives up profits to ship, and the excess supply drags the focus of epichlorohydrin market negotiation downward.

From the upstream and downstream perspective: raw propylene. According to the data monitoring of the business community, the domestic propylene (Shandong) market fell slightly this week, and rebounded slightly at the weekend. The average price of the Shandong market at the beginning of the week was 7136 yuan/ton, and the average price at the weekend was 7000 yuan/ton, with a weekly drop of 1.91%. The raw glycerin was weak, and its cost was limited in terms of epichlorohydrin support. Downstream epoxy resin. On November 3, the liquid epoxy resin market in East China continued to decline. The market negotiation price was 17100-17800 yuan/ton. The overall negotiation and the last trading day fell by 200 yuan/ton, which was insufficient to support the epichlorohydrin market.

According to the epichlorohydrin analysts of the business community, the current cost support is average, the supply side is sufficient, and the demand is weak. It is expected that the epichlorohydrin market will be weak in the short term. More attention should be paid to the market news guidance.