Morning Market Alert for Epichlorohydrin

I. Key Focus Areas

1. Glycerin (99.5%): Prices in East China continued to trend downward, with delivery prices hovering around RMB 9,050–9,250 per ton. (Note: Corrected apparent typo "92150" to "9250" based on market context and table data)
2. Epichlorohydrin (ECH): ECH prices declined, with Jiangsu market delivery prices settling around RMB 11,200–11,300 per ton (acceptance basis).
3. Epoxy Resins: Despite some cost support, high-price shipments faced pressure, leading to a decline in epoxy resin prices.

Core Logic: Cost support for ECH is weakening. Combined with insufficient follow-through from downstream demand, manufacturers are facing obstacles in selling at high prices. Consequently, new orders are being secured through price concessions, resulting in limited transaction volume releases.

Notes:

1. The two periods' prices represent point-in-time prices from the previous two working weeks prior to this week, not weekly averages.
2. The change rate represents the period-over-period percentage change.
3. Unit: RMB/ton.