1、 Price trend
According to the data of the bulk list of business agencies, the domestic propylene (Shandong) market has been stable after rising steadily in the past eight days. On May 1 and 2, the price of the 8th day was 8055 yuan / ton, and on May 8, it was the high price for the eighth day, with 8329 yuan / ton, and the increase of 3.41% on the eighth day.
2、 Analysis and comment
According to the price chart of business agency, the propylene price in Shandong Province rose continuously in the first ten days in April, and the price in the second ten days fell sharply, and remained stable at the end of the month. The first two days of May 1 period continued to stabilize. From March to 7th, the daily upward trend was about 50 yuan / ton. Today, it has been stable. The current market transaction is between 8300 yuan and 8450 yuan / ton, with the mainstream price of about 8300 yuan / ton. On May 7, the U. There is no pressure on the stock of propylene market, some of the devices are still under maintenance, and the source of goods is slightly tight.
Recently, the international crude oil market events have been constant, and the price has fluctuated. The crude oil price has declined slightly on May 7, which has weakened the impact on the propylene market.
PP prices have been rising continuously in the past eight days, with an 8-day increase of 1.73%. The futures market is generally, and has limited impact on the propene’s positive.
Acrylic acid prices have stabilized after the upward trend in the past eight days, with an increase of 1.63% in the eighth day, which has little effect on the properyl Lido.
In recent eight days, the propylene oxide market rose slightly, 8 days up 2.12%, which has a pull-up effect on propylene.
Epichlorohydrin market fell continuously in the last eight days, with a decline of 6.17% in the eighth day, which has a certain negative effect on propylene.
In recent eight days, the price of n-butanol in China rose sharply, up 19.74% in the eighth day, which has a more obvious pull-up effect on the propylene market.
The price of isooctanol has been stable after the obvious increase in the last eight days, with an increase of 11.27% in the eighth day, which has a positive effect on propylene.
In the past eight days, the price of isopropanol has declined slightly, and the decline in the eighth day is 0.72%, which has little impact on propylene.
In the past eight days, the phenol Market Price in East China has been stable after rising steadily, with an increase of 2.69% in the eighth day, which has a slight positive effect on propylene.
In the past eight days, the prices of manufacturers in East China acetone market fell, with a decline of 2.73% in the eighth day, which had a slight negative effect on propylene.
The price of acrylonitrile market has been falling in the past eight days, with a decline of 1.67% on the eighth day and an amplitude of 2.55% on the eighth day, which has a little impact on the profit and air of propylene.
3、 Future forecast
The propylene analyst of chemical branch of business society thinks: in a comprehensive way, there are not many domestic stocks, some units are overhauled, crude oil market is slightly down, the downstream operating rate is still acceptable, the market is more than empty, polypropylene futures are general, and propylene is expected to continue to remain stable.