Morning Market Insight: Epichlorohydrin

I. Key Focus Areas

1. Glycerin (99.5%) in East China is trading within a narrow range, with delivered prices hovering around RMB 8,600–8,750/ton.
2. Epichlorohydrin (ECH) maintains firm quotations within its price range. In Jiangsu, the market price for ECH stands at RMB 11,150–11,250/ton on an acceptance-basis delivered terms.
3. Cost-side fluctuations are limited, resulting in sideways consolidation for epoxy resin prices.

Core Logic: The market lacks sufficient demand support, weakening the upward momentum for ECH. However, producers maintain firm pricing within the current range due to cost and supply constraints, while actual transaction volumes remain limited.

Notes:

1. Prices refer to spot values from the two preceding working weeks, not weekly averages.
2. "Change" represents the period-over-period variation rate.
3. Unit: RMB/ton.