1、 Price trend of propylene oxide

(Figure: P value curve of propylene oxide product)

2、 Market analysis

Recently, the market of propylene oxide has risen slightly. As of July 22, the average price quoted by propylene oxide enterprises was 10200 yuan / ton, up 1.32% compared with last Monday (July 13) and 2% higher than that on June 22 (10000 yuan / ton), according to the data of the bulk list of business associations. At present, there is no pressure in the propylene oxide plant for the time being, the downstream just needs to replenish, and the new orders in the market can be concluded.

Regional July 13 July 22 remarks

RMB 9850-10000 / T, RMB 10050-10200 / T

In East China ￥ 10150-10250 / T ￥ 10400-10500 / T

RMB 9800 / T, RMB 10000-10100 / T in South China

On July 21, the market price of upstream propylene rose in Shandong. According to the price chart of the business agency, the recent price of propylene fluctuates periodically, with a relatively stable price range. Since the beginning of July, the price has been continuously reduced by 200-250 yuan / ton. From June 6 to 9, the price has been adjusted back by about 250 yuan / ton. On October 10 and 11, the price has been roughly flat. Since the 12th, the price has declined for a second time. Now, it has declined by 150-200 yuan / ton, and it has remained stable again since 17th. On the 19th, some enterprises have slightly increased. On the 20th, most enterprises have started to adjust, and today’s prices have increased by 50 yuan / ton, The market turnover reached 6670-7050 yuan / ton, and the mainstream price was about 6800 yuan / ton. At present, the inventory pressure of propylene manufacturers is not big, but the shipment is general, the crude oil price is slightly cold, the overall downstream market operating rate is acceptable, and the downstream purchasing enthusiasm is weak, and the market trading is stable. Now the price has begun to rise, but it has not reached the upper limit of the oscillation range. Therefore, it is expected that the propylene price will continue to rise in the near future, which has a good support for propylene oxide.

According to the price monitoring data of the business agency, as of July 21, the reference average price of domestic n-propanol with packaging in mainstream areas was around 11900 yuan / ton, which was flat compared with the price on July 1. As of July 21, the downstream soft foam polyether was in short supply, and the downstream just needed to purchase. Under the support of superimposed cost, the focus of market negotiation moved up as a whole.

3、 Future forecast

The propylene oxide analysts of the business agency believe that the current market price of propylene oxide is rising, the price of liquid chlorine is falling, the downstream needs to follow up, and the market trading atmosphere is fair. It is expected that in the short term, the propylene oxide market will be mainly stable, and more attention should be paid to the interest guidance in all aspects of the market.