1、 Price trend of propylene oxide
(Figure: p-value curve of propylene oxide product source: business community commodity analysis system)
2、 Market analysis
On February 19, the market price of propylene oxide rose. According to the data of the business club’s block list, as of February 19, the average quotation price of propylene oxide enterprises was 17300 yuan / ton, up 0.78% compared with the previous trading day, and down 8.30% compared with January 19.
After the festival, the market price of propylene oxide continued to rise. In terms of raw materials, the price of propylene rose, and the cost support rose. In terms of supply, factories generally had low inventory, new orders were smooth, and the price of downstream polyether rose. The overall market atmosphere was good, and the negotiation center of propylene oxide market was higher. At present, the mainstream quotation of propylene oxide Market in Shandong was around 17000-17100 yuan / ton.
Upstream propylene, February 18, Shandong propylene market prices rose significantly. According to the price chart of the business club, the price of propylene declined all the way at the end of January, rose slightly at the end of the month, and then began to stabilize. On the 8th, the price of enterprises generally dropped by 50 yuan / ton, and then entered the Spring Festival holiday. Most of them remained stable in the first half of the year, while the price rose steadily in the second half of the year (from February 15). Today is the first day of official work, the price rose by about 200 yuan / ton, and the current market transaction is 7300 ~ 7550 yuan/ The mainstream price rose to about 7300 yuan / ton.
Downstream propylene glycol, according to the monitoring data of the business community, as of February 18, the factory price of domestic industrial grade propylene glycol was 13166.67 yuan / ton, which was the same as the price before the festival (February 10); downstream soft foam polyether, on February 18, the market offer of soft foam polyether in Shandong rose, the price of raw material propylene oxide rose, the cost support was strengthened, the mentality of the industry was boosted, and the market inquiry and gas buying were increased .
3、 Future forecast
According to the propylene oxide analysts of business news agency, at present, the price of propylene is rising, the factory inventory is under no pressure, and the downstream follow-up is steady. It is expected that the propylene oxide market may be strong in the short term, and the specific trend still needs to pay attention to the market information guidance.
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