Morning Market Insight for Epichlorohydrin

Key Focus Points

1. Glycerin (99.5%) in East China continued to trade weakly, with delivered prices hovering around CNY 8,600–8,650/ton.
2. Epichlorohydrin (ECH) prices declined, with Jiangsu market delivered acceptance-based prices ranging from CNY 11,200–11,300/ton.
3. With both raw material prices falling and cost support weakening, Epoxy Resin maintained its downward trend.

Core Logic: Market trading activity remained subdued. While producers increased their willingness to ship goods, downstream buyers participated cautiously, resulting in limited real transactions. ECH sellers primarily offered discounts to facilitate shipments.

Notes:

1. The two periods' prices represent spot prices from the two working weeks prior to this week, not weekly averages.
2. The change rate reflects the period-over-period variation.
3. Unit: CNY/ton.