Morning Market Briefing for Epichlorohydrin

I. Key Focus Points

1. The East China 99.5% glycerol market remained relatively stable with minor fluctuations, with prices hovering around 9,050–9,150 RMB/ton (delivered).
2. Epichlorohydrin (ECH) traded sideways in a consolidation phase. In the Jiangsu market, prices centered around 11,100–11,200 RMB/ton (accepted for payment via bank acceptance bills, delivered).
3. While costs provided support, high price levels faced pressure from sluggish sales. Consequently, epoxy resin prices trended weakly within a consolidation range.

Core Logic: Changes on the cost side for ECH were limited. Downstream inventory stocking is nearing its end, resulting in a quiet trading atmosphere. Manufacturers primarily quoted prices within established ranges, and transaction volumes remained low.