Analysis of influencing factors.
Product: the market trend of epoxy propane in China continued to decline, the factory price continued to fall, the inventory pressure was high, the market spot oversupply, the delivery intention was strong, but the overall transaction rate was low.
Fails to reach the expected demand side: end demand aspect, hedge wait-and-see atmosphere continues unabated, before each big factory business inventories is enough, the downstream procurement is not active, after the market demand is low, less shipment, factory price continue to cut, in the short term price adjustment at a lower price, higher space effect.
The market forecast.
Domestic epoxy propane market is hard to find substantial positive support, prices are hitting a cycle, but the downstream stages just need support, the markets may have edged up, expect the extended range trade in the short term market movements.