October 31st, the domestic epichlorohydrin market price remains stable

October 31st, according to reports

October 31, the epoxy chloropropane market price remained stable. According to the monitoring and analysis system, as of October 31, the benchmark price of epoxy chloropropane was 11,900.00 CNY/ton, a decrease of -2.46% compared to the beginning of the month in China.

Price influencing factors:

On the raw materials front: The price of glycerin, a key raw material, remains high, providing firm support to the market price of epichlorohydrin. Meanwhile, propylene prices have been fluctuating downward, resulting in weaker cost support for epichlorohydrin. Overall, however, the raw material side is offering only limited cost support to epichlorohydrin, allowing market prices to stay relatively stable for now. According to the market analysis system, as of October 31, the benchmark price for propylene stood at 6,095.75 CNY per ton—down 6.84% compared to the beginning of this month (6,543.25 CNY per ton).

On the demand side: The downstream epoxy resins market is experiencing weak demand, leading to a lukewarm atmosphere for actual transactions. Traders are largely adopting a wait-and-see approach, proceeding with cautious purchasing—this situation is further deepening the market downturn. Meanwhile, downstream end-users of epichlorohydrin remain sluggish in their consumption, lacking strong support. As a result, epoxy chlorohydrin prices are expected to remain generally stable, albeit on the weaker side, in the near term.

Market Forecast: Epoxy Chloropropane analysts believe that cost factors provide limited support for the market. Downstream demand remains weak, with buyers primarily driven by essential purchasing needs, resulting in a sluggish trading atmosphere. As a result, epoxy chloropropane prices are expected to remain generally stable in the near term, though ongoing attention will still be needed on raw material costs and shifts in market supply and demand dynamics.