1、 Price trend

 

According to the data of the business club’s bulk list, the domestic propylene (Shandong) market price continued to rise this week and then stabilized, with the weekly low price of 7280 yuan / ton at the beginning of the week; 7475 yuan / ton at the weekend with a weekly amplitude of 2.67%; and the weekly price of 7477 yuan / ton on Thursday, with a weekly amplitude of 2.70%.

 

Gamma Polyglutamic acid Cosmetic

2、 Analysis and comment

 

According to the price chart of the business agency, since September 1, the price of propylene has been on the rise continuously, and the upward range is more and more large. Up to the 4th, the price rose by about 300 yuan / ton. From the 7th to the 10th, the first round of downward adjustment occurred, with a total reduction of 100-150 yuan / ton. After that, it was slightly stable. The price went up again on the 13th, up 350 yuan / ton on the 17th, and the price began to stabilize on the 18th The mainstream price is about 7450 yuan / ton. Low inventory, smooth propylene delivery.

 

On September 17, crude oil prices continued to rise, benefiting the propylene market.

 

PP futures market changes little this week, spot prices slightly down, the weekly decline of 0.41%, has little impact on propylene.

 

Acrylic acid market continued to rise this week, up as high as 8.23%, propylene has a more obvious positive impact.

 

Propylene oxide market continued to rise steadily this week, with a weekly increase of 4.18%, which had a positive impact on propylene.

 

Epichlorohydrin continued the upward trend in the first half of this week, and remained stable after the decline in the second half of the week, with a weekly increase of 0.88% and a weekly amplitude of 2.34%, which had a limited impact on propylene.

 

This week, the domestic n-butanol price continued to rise, rising rapidly at the weekend, with the weekly increase of 5.04%, which has a positive impact on propylene.

 

gamma polyglutamic acid agriculture grade

Octanol market also continued to rise this week, the weekly rise of 3.49%, slightly positive impact on propylene.

 

The isopropanol market fell slightly this week, with a weekly decline of 1.16%, which had a small negative impact on propylene.

 

Huadong phenol rose slightly this week and then stabilized, with a weekly increase of 0.47%, which had little impact on propylene.

 

The whole line of East China acetone remained stable this week, with no effect on propylene.

 

3、 Future forecast

 

The propylene analyst of the chemical branch of the business society thinks: in a comprehensive view, the current propylene manufacturers have less inventory, no pressure on shipment, the crude oil price is obviously rising, the overall industrial chain is better, the profit of downstream products is generally optimistic, the purchasing enthusiasm is very good, the market atmosphere is still lively, but the price is in the top position, so it is expected that the propylene price will start to stabilize in the later stage, which does not rule out a small return Adjust the possibility.

Gamma Polyglutamic Acid