This week, the domestic epoxy propane market has been operating weakly and steadily. According to the monitoring system of Shengyi Society, as of July 11th, the benchmark price of Shengyi Society’s epoxy propane was 7250 yuan/ton, a decrease of 1.05% compared to July 1st.

Price influencing factors:
Raw material side: The market price of raw material propylene is temporarily stable. According to the market analysis system of Shengyi Society, as of July 10th, the benchmark price of propylene in Shengyi Society was 6575.75 yuan/ton, a decrease of 2.16% compared to the beginning of this month (6720.75 yuan/ton).
Supply side: Zhonghai Fine Plan restarts, with a slight increase in supply. Manufacturers generally have no inventory pressure, and market supply is slightly loose, supporting price stabilization.
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 continue to operate 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 continue to operate steadily in the later stage, and more attention should be paid to changes in raw material prices and downstream supply and demand.