This week, the price center of the domestic epoxy propane market has shifted upward. According to the monitoring system of Shengyi Society, as of September 19th, the benchmark price of Shengyi Society’s epoxy propane was 7683.33 yuan/ton, an increase of 3.13% 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 costs, providing strong cost support for epoxy propane, and the market price center has shifted upward. According to the market analysis system of Shengyi Society, as of September 19th, the benchmark price of propylene in Shengyi Society was 6730.75 yuan/ton, an increase of 1.01% compared to the beginning of this month (6663.25 yuan/ton).
On the demand side, downstream demand for epoxy propane is being replenished, and the transaction volume of new orders in polyether factories has increased. The purchasing atmosphere for epoxy propane is positive, and it is expected that the epoxy propane market price will mainly consolidate in the near future.
Market forecast:
Business Society’s epoxy propane analyst believes that the high support of epoxy propane raw materials is still acceptable, downstream market purchasing is active, trading atmosphere is positive, and the market price center has shifted upward. It is expected that the short-term epoxy propane market will mainly operate in a narrow and strong range, and more attention should be paid to changes in raw material prices and upstream and downstream supply and demand.