The epichlorohydrin (ECH) market in China experienced a period of price stability at the beginning of February xxxx. The Lunar New Year holiday, a significant event in China, caused widespread business closures and a general slowdown in economic activity. This slowdown naturally led manufacturers to adopt a cautious rollover pricing strategy, maintaining existing price levels rather than implementing changes during this period of reduced activity.
Key Takeaways:
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China&#xx;s ECH prices are currently stable, but an increase is expected soon due to tight supply and rising production costs.
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Post-Lunar New Year demand is anticipated to further drive ECH prices upward in the coming weeks.
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Despite low downstream demand, the ECH market is bullish due to limited spot availability and increased glycerol costs.
This stability, however, masks underlying market dynamics that point towards potential price increases in the upcoming weeks. Looking ahead, as per ChemAnalyst, the ECH market anticipates a...
