1、 Price trend of propylene oxide
(Figure: p-value curve of propylene oxide product)
2、 Market analysis
In the near future, the market of propylene oxide is stable. According to the data of business news agency’s block list, as of April 20, the average quotation price of propylene oxide enterprises was 18233.33 yuan / ton, which was the same as that of last Tuesday (April 13), with a decrease of 0.36% compared with April 1 and 9.29% compared with March 20.
Recently, the price of propylene oxide Market is stable. At present, most of the market contracts are stable, the spot follow-up is acceptable, and the market game is sorted out. There is a strong wait-and-see mood. At present, the mainstream quotation of propylene oxide Market in Shandong is around 17900-18000 yuan / ton, and the mainstream quotation of propylene oxide Market in East China is around 18100-18300 yuan / ton,
Upstream propylene, April 19, Shandong propylene market prices to maintain a small rise. According to the price chart of the business association, the price of propylene decreased sharply in the second half of March and rose at the end of the month. At the beginning of April, the market price rose slowly, with an average daily increase of about 50 yuan / ton. From the 6th, the price rose steadily. From the 16th, the price rose steadily at the rate of 50 yuan / ton again. Now, the market transaction is between 8450 yuan / ton and 8550 yuan / ton, and the mainstream price is about 8450 yuan / ton. U.S. propylene on April 1, down on the domestic market may have a certain impact. Propylene prices in Asia have risen slightly recently, which has little impact on the propylene market. Propylene market is now no pressure inventory, part of the device is still in repair. The supply of goods in Shandong is a little tight.
The downstream propylene glycol, according to the monitoring data of the business community, as of April 19, the reference factory price of domestic industrial grade propylene glycol was 18000 yuan / ton, compared with April 6 (reference price was 15400 yuan / ton), the average price increased by 2600 yuan / ton, or 16.88%. Compared with April 1 (reference price 15900 yuan / ton), the average price increased by 2100 yuan / ton, or 13.21%; for downstream soft foam polyether, Shandong soft foam polyether market was weak on April 19, and the downstream small orders just needed to purchase, so the transaction was relatively cold. On April 19, the mainstream quotation of common soft foam polyether market in Shandong was around 17600-18000 yuan / ton.
3、 Future forecast
Business community propylene oxide analysts believe that the current raw material propylene is relatively strong, and the cost side has some support. The spot market just needs to follow up, and there is a strong wait-and-see mood. It is expected that in the short term, the propylene oxide market may be in a stalemate, and the specific trend still needs to pay attention to the market interest guidance.
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