In early October, Jiangsu Haixing Chemical, a leading enterprise in ECH production, shut down and conducted maintenance on its 130,000 tons/year propylene based ECH plant. The market price of ECH in various regions had rapidly soared, with a daily increase of 300 RMB/ton.

In the third quarter, the domestic price of ECH rose rapidly. As of the end of September, the average price in the East China market was around 7,834.47 RMB/ton, a month on month increase of 5.09%. Although cost support still exists in the fourth quarter, it is expected that there will be signs of a decline in market prices and a shift down in market focus.

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