Price Trend
According to the data of business associations, the market price of propylene oxide rose by 3.74% as of July 4, compared with last Thursday (June 27). Today, the mainstream price of propylene oxide in China is 9500-9950 yuan/ton.
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II. Analysis of Influencing Factors
Product: Propylene oxide market price rises. The price of propylene raw material continues to rise, the cost pressure of propylene oxide manufacturers has increased sharply, some plant units have reduced the negative overhaul, the supply has decreased, the downstream performance is relatively calm, just need to purchase. The cash delivery price of Wanhua Chemistry Shandong mainstream market was 9650 yuan/ton on the 4th, while that of East China mainstream market was 9950 yuan/ton.
| PVA 1788 (PVA BP17) |
Industry chain: The market price of upstream propylene in Shandong continues to rise. Recently, the price of propylene enterprises in Shandong Province began to rise on July 2, rising by 100 yuan/ton on July 3, and today it has risen by 150 yuan/ton again. At present, the main market turnover is around 7950-8100 yuan/ton.
3. Future market forecast:
The propylene oxide Market is expected to remain positive in the short term, according to the business association.
| PVA 1799 (PVA BF17) |