1、 Price trend of propylene oxide

(Figure: p-value curve of propylene oxide product)

2、 Market analysis

Propylene oxide market continued to rise this week. According to the data of business news agency’s block list, as of December 25, the average quotation price of propylene oxide enterprises was 18300 yuan / ton, up 2.81% compared with the beginning of the week, and down 5.18% compared with November 25.

At present, all the factories have no inventory, the tight spot supply situation continues, and the downstream new orders are weak, but there are generally orders to be delivered, which supports the market. The delivery and investment are stable, and the inventory of the industrial chain is low. This week, the new orders of propylene oxide manufacturers continue to rise. At the beginning of the week, the mainstream price of propylene oxide Market in Shandong was around 17600-17700 yuan / ton, while the current mainstream price of propylene oxide Market in Shandong is around 18100-18200 yuan / ton.

Upstream propylene, December 24, Shandong propylene market prices have declined. According to the price chart of the business community, propylene prices rose continuously in late November, with an increase of over 12%. From the end of the month to the beginning of the month, the price remained stable again. On the 4th, the price began to rise comprehensively. From the 3rd to the 8th, the price rose about 450 yuan / ton, up 5.90%. On the 9th, the price remained stable. On the 10th, some enterprises made up for the price rise, and some enterprises fell slightly. On the 11th, the price began to decline for the second time, and continued to decline on weekends. On the 14th, the price dropped 200-250 yuan / ton In addition to the upward trend, the overall price rose by about 50 yuan / ton on the 21st and then remained stable. Today, some of the prices fell. The current market transaction is between 7850 yuan / ton and 8150 yuan / ton, and the mainstream price is between 7900 yuan / ton and 7950 yuan / ton. Now the factory stock is not much, the pressure is not big, the shipment is general.

Downstream propylene glycol, according to the monitoring data of the business community, as of December 24, the factory price of domestic industrial grade propylene glycol reference 11166.67 yuan / ton, increased by 5.02% compared with the beginning of the week; downstream soft foam polyether, on December 25, the market price of soft foam polyether in Shandong rose, the price of raw material epoxy propylene alkane rose, the cost was under pressure, the downstream chasing high sentiment was limited, the demand for rigid replenishment still existed, and the manufacturers were very satisfied The attitude of the market does not change, and the market talks have gone up.

3、 Future forecast

Business community propylene oxide analysts believe that the current raw material propylene prices down, the impact of the cost side is limited, the supply and demand relationship dominates the market, the current supply is still tight, it is expected that in the short term, the propylene oxide market will mainly run at a high level, more still need to pay attention to market information.