How do energy consumption controls impact epichlorohydrin supply and prices?

How do energy consumption controls impact epichlorohydrin supply and prices?
During the 2021 dual-control energy policy push, Jiangsu province became a flashpoint for epichlorohydrin supply disruption. Over 90% of the province's epichlorohydrin producers, each with capacity of 100,000 tons or more, were forced to cut runs or halt operations. One major producer was ordered to shut down after exceeding carbon emission limits, becoming a typical case for regulatory inspection. The market reaction was immediate: sellers moved into a hoarding stance, and prices rallied sharply despite weak underlying demand. This episode highlights how vulnerable epichlorohydrin supply is to regional energy policy enforcement, especially in Jiangsu where many large plants are concentrated. For buyers, such regulatory shocks can create sudden price spikes that are disconnected from feedstock costs or downstream order books.