I. Key Focus Points
East China 99.5% glycerin is moving sideways within a range, with prices around RMB 9,200–9,250/mt delivered.
ECH is consolidating at high levels; Jiangsu market prices are around RMB 11,500–11,600/mt, delivered against acceptance.
Cost support is strong, and epoxy resin prices continue to trend upward.
Core logic: Cost support for ECH has strengthened, and with no pressure on overall supply, improved sentiment has driven prices higher; downstream players are resisting high prices while low-price cargo is hard to find, so transaction volumes remain limited.
| Product | Related Product | Market | Sep 10 | Sep 9 | Change |
|---|---|---|---|---|---|
| Epichlorohydrin | Propylene | Shandong market | 91000 | 9900 | +100 |
| Liquid chlorine | Shandong market | 200 | 150 | +50 | |
| 99.5% glycerin | East China market | 9225 | 9225 | 0 | |
| Epichlorohydrin | East China market | 11550 | 11550 | 0 | |
| Epoxy resin | East China E-51 (ex-works, net) | 15000-15500 | 14700-15300 | +300 / +200 | |
| Huangshan E-12 (delivered) | 14000-14400 | 13900-14100 | +100 / +300 |
Remarks: 1. The prices for the two periods are point-in-time prices from the two working weeks preceding this week, not weekly averages. 2. The change rate is the week-on-week rate of change. 3. Unit: RMB/mt.
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