1、 Price trend of propylene oxide:

(Figure: P value curve of propylene oxide product)

2、 Market analysis:

According to a large number of data in the list of business agencies, the market of propylene oxide on May 28 was mainly stable, and some enterprises adjusted their quotations. On May 28, the average price quoted by propylene oxide enterprises was 9266.67 yuan / ton, up 0.36% compared with yesterday and 11.20% compared with May 6. On August 28, Jinan Pratt & Whitney Chemical Co., Ltd. offered 9300 yuan / ton of propylene oxide, and Jinan Mingwei Chemical Co., Ltd. offered 9300 yuan / ton of propylene oxide. The specific transaction price will be discussed in a single way.

On May 28, the market price of propylene in Shandong still fell. Last month, the price of propylene in Shandong Province rose sharply and fell sharply, and then it held steady again, and the market was stable. During the May 1st period, the price of propylene slightly increased by about 50 yuan / ton. On the 6th day, the price increased by 100 yuan / ton again. On the 7th, 8th and 9th day, the price increased by 50 yuan / ton continuously. On the 10th day, some enterprises continued to increase by 50 yuan / ton. On the 11th day, the price increased by 50 yuan / ton again. On the 12th day, it increased by 100-200 yuan / ton obviously. On the 13th day, it continued to increase by 100-200 yuan / ton. On the 14th day, it increased by 50-100 yuan / ton again. On the 15th day, it still increased by 50-100 yuan / ton on weekends Until 22, the upward trend has been unchanged. The daily upward trend is 50-100 yuan / ton. On 22, it finally began to stabilize. The weekend price slightly declined. On 25, the propylene price fell again by 50-150 yuan / ton. On 26, the price still fell by about 100 yuan / ton. On 27, it fell by 100-150 yuan / ton. Today, it fell by about 100 yuan / ton. Now, the market transaction is between 6400-6750 yuan / ton, and the mainstream price is about 6500 yuan / ton.

According to the price monitoring of the business agency, on May 27, 2020, there are 11 kinds of commodities in the list of rise and fall of bulk commodity prices in the chemical industry sector, including 1 kind of commodity with an increase of more than 5%, accounting for 1.1% of the number of commodities monitored in the sector; the top three commodities are calcium carbide (7.75%), pure benzene (3.18%) and ethylene (3.16%). There are 11 kinds of commodities falling on a month on month basis, and the top three products were dichloromethane (- 4.17%), styrene (- 1.82%) and yellow phosphorus (- 1.78%). The average price of this day is 0.06%.

3、 Future forecast:

According to the propylene oxide analysts of the business club, the price of raw material propylene has declined, and the transaction in the propylene oxide market has weakened. The downstream industry is cautious and has a strong wait-and-see mood, but the factory has no inventory pressure for the moment. It is expected that in the short term, the market of propylene oxide will be mainly stagnant, sorted and operated, and more attention should be paid to the market news guidance.