According to the Commodity Market Analysis System of the Business Society, as of June 20th, the average price of epoxy propane enterprises was 9637.50 yuan/ton, a decrease of 1.28% compared to last Thursday (June 15th).

Recently, the epoxy propane market has been operating weakly. As the holiday approaches, downstream purchases are moderately followed up, and the market atmosphere has rebounded. Recently, the price of raw material propylene has slightly increased, with average cost support. Last Friday, the supply end devices were mainly stable, and downstream procurement mentality was cautious. The market atmosphere was light, and the market was weak. On Monday, downstream restocking was just needed before the holiday, and factory shipments rebounded, easing inventory pressure. Enterprise quotations were mixed. On the 20th, the mainstream quotation for epoxy propane in the Shandong region was around 9300 to 9400 yuan/ton.

Upstream propylene, according to the Commodity Market Analysis System of Business Society, on June 19, the reference price for propylene was 6243.25, a decrease of 3.37% compared to June 1 (6460.75).

The epoxy propane analyst at Business Society believes that the current cost impact is not significant. Downstream stocks need to be prepared just before the holiday, and the market atmosphere is still good. It is expected that the epoxy propane market may adjust its operation in a stable and narrow range in the short term, and more attention needs to be paid to market news guidance.