According to the data of the business club’s block list, as of June 23, the average price of propylene oxide enterprises was 14000 yuan / ton, which was 1.94% higher than that on June 16, 10.45% lower than that at the beginning of the month, and 22.79% lower than that on May 23.
Since the second half of June, the market of propylene oxide has been stable first and then rose. The market continued to rise on the 23rd
Since entering June, the market of propylene oxide has been weak in the first half of the month, with a decline of 12.15%. Since the second half of the month, the pressure of factory delivery is not big. The main factories are in the attitude of supporting the market, while the downstream purchasing attitude is still cautious. Under the supply and demand game, the market stops falling and stabilizes, and the market is mainly on the wait-and-see side. With the gradual increase of downstream purchasing enthusiasm, the market turnover turns better, and the negotiation focus of propylene oxide goes up. At the beginning of this week, the demand of the middle and lower reaches is relatively stable, the market rises slightly, and the market has a strong wait-and-see atmosphere, On Tuesday, some manufacturers cut the load and stopped, the market was active, and the market rose slightly again. On Wednesday, the manufacturers had no pressure, and the downstream follow-up was stable, and the market continued to rise. At present, the mainstream quotation of propylene oxide Market in Shandong is around 13300-13400 yuan / ton, and the mainstream quotation of propylene oxide Market in East China is around 13400-13700 yuan / ton.
Upstream propylene, June 23, Shandong propylene market prices stopped falling temporarily. According to the price chart of the business club, the domestic propylene market has been in a downward trend since June. Today, the low-end price has increased by about 50 yuan / ton. Now, the market turnover is around 7600-7800 yuan / ton, and the mainstream price is about 7800 yuan / ton. At present, the market transaction is stable, the downstream purchases on demand, the downstream performance is general, and the support for propylene is limited.
According to the monitoring data of the business community, the reference price of propylene glycol on June 22 was 16066.67, down 0.21% compared with June 16; As of June 22, the soft foam polyether market in Shandong rose slightly, the cost support was strengthened, the downstream inquiry atmosphere was acceptable, and the purchasing mentality was still cautious. On June 22, the mainstream quotation of common soft foam polyether market in Shandong was around 13600-13700 yuan / ton.
According to the propylene oxide analysts of business news agency, generally speaking, at present, the cost support is general, the manufacturers have no pressure, and the downstream receiving capacity is relatively stable. It is expected that the propylene oxide market may still go up in the short term, and the specific trend is more. We still need to pay attention to the market information guidance.
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