1、 Price trend

On the 24th, the propylene market in Shandong remained stable at a high level, and individual enterprises adjusted slightly. The propylene price in Shandong was 8000-8050 yuan / ton, and the propylene price is expected to reach a high point again. Combined with the market situation, it is mainly affected by two factors.

One. Crude oil prices have been showing a strong trend of shock. As of the closing on September 23, WTI rose 1.07 to USD 73.3/barrel in November, or 1.5%, and Brent rose 1.06 to USD 77.25/barrel in November, or 1.4%. Sc2111 rose 5.4 yuan / barrel to 477 yuan / barrel, and the cost side supported the price of propylene. Second, the downstream demand was good, and the downstream octanol, n-butanol, propylene oxide, acrylic acid and other products performed well. The demand support further boosted the price of propylene.