According to the data monitoring of business agency, the average price of propane in Shandong market was 7030.75 yuan / ton on April 18 and 6993.25 yuan / ton on April 19, with a single day decline of 0.53%, an increase of 4.04% compared with April 1.

On the 19th, the domestic propane market rose and fell, and the propane Market in Shandong decreased partially, but the decline was small. Although the rise in international crude oil prices has brought some benefits to the market, the market terminal demand remains weak, the transaction atmosphere is limited, and the price is mainly weak. It is expected that the price of propane market may continue to be weak in the short term.

Trade name: acetic acid

Latest price (April 18): 5020 yuan / ton

Key points of analysis: today’s acetic acid market is weak and downward. The average market price in East China has been reduced by 1.57% compared with the previous working day, and the price of acetic acid in Shandong has been reduced by 150 yuan / ton. Affected by public health events, logistics and transportation are blocked, freight rates rise, downstream purchase intention is general, and enterprises have difficulties in delivering goods. In order to maintain the shipment, the manufacturer’s quotation has been reduced.

Future forecast: the short-term acetic acid market will continue to be weak, with specific attention to the market supply.

1、 Price trend

According to the data monitoring of business agency, the domestic propylene (Shandong) market price fluctuated this week, and the price fell slightly. The market was 8460 yuan / ton at the beginning of the week, and the average price at the weekend was 8441 yuan / ton, down 0.23%.

2、 Analysis and comment

According to the price chart of the business agency, the overall price of propylene (Shandong) rose or fell little this week. As of Friday, the mainstream price of propylene in Shandong was 8400-8500 yuan / ton, and the market was in a stalemate. On the positive side, the price of crude oil fluctuated and rose, especially the price rose sharply again at the weekend, with strong cost support. In terms of bad news, the downstream demand follows up slowly, mainly just demand. Recently, affected by the epidemic, the traffic in some areas is not smooth, and the factory operating rate is reduced.

Upstream: upstream raw materials mainly fall, but the price is high, and the price of propane rises, which has a limited impact on propylene.

Downstream: downstream products mainly fell, while the main downstream polypropylene market maintained a downward trend, with great online resistance. The overall downstream market was weak, the start-up was reduced and the demand was tightened.

3、 Future forecast

Propylene analysts from the chemical branch of the business community believe that under the cost transmission, the price of propylene may rise difficultly next week. Under the weak demand, the upward space is limited.

Trade name: chlorinated paraffin

Latest price: 6737 yuan / ton

Key points of analysis: the price of chlorinated paraffin 52 was stable on April 14, which was flat compared with the previous trading day. Due to the rise of crude oil, the price of raw liquid wax increased today, and the market of liquid chlorine was stable. The demand for chlorinated paraffins is low, the supply is reduced, and the operation on the site is light and stable. Today, the ex factory quotation of chlorinated paraffin 52 in Shandong is about 6250 yuan / ton, that in Northeast China is about 6700 yuan / ton, and that in Anhui is about 7000 yuan / ton.

Future forecast: chlorinated paraffin is expected to operate weakly and stably in the short term.

According to the data monitoring of business agency, the average market price of dimethyl ether in Henan was 4250.00 yuan / ton on April 12 and 4216.67 yuan / ton on April 13, with a single day decline of 0.78%, up 1.44% compared with April 1.

On the 13th, the domestic dimethyl ether market price fell, and the Henan market fell significantly, with a range of 50-60 yuan / ton. The Hebei and Shandong markets decreased steadily. At present, the raw material methanol market decreased weakly, and the civil market price of liquefied gas fell one after another. The market mentality was bad, the market was lack of good, and the price fell. The dimethyl ether Market is expected to be mainly weak in the short term.