1、 Price trend of propylene oxide:
(Figure: P value curve of propylene oxide product)
| PVA 1788 (PVA BP17) |
2、 Market analysis:
According to the data of the bulk list of business agencies, the market of propylene oxide rose steadily on May 26. The price of raw propylene has declined, but at present, the inventory of each factory is at a low level, the downstream just needs replenishment, and the market exchange and investment atmosphere is fair. The market quotation of propylene oxide is mainly to maintain stable operation, and some factories have raised their offer. As of the 26th, the average price quoted by propylene oxide enterprises was 9233.33 yuan / ton, up 0.36% compared with yesterday and 10.80% compared with May 6.
On May 26, the market price of upstream propylene in Shandong continued to decline. Last month, the price of propylene in Shandong Province rose sharply and fell sharply, and then it held steady again, and the market was stable. During the May 1st period, the price of propylene slightly increased by about 50 yuan / ton. On the 6th day, the price increased by 100 yuan / ton again. On the 7th, 8th and 9th day, the price increased by 50 yuan / ton continuously. On the 10th day, some enterprises continued to increase by 50 yuan / ton. On the 11th day, the price increased by 50 yuan / ton again. On the 12th day, it increased by 100-200 yuan / ton obviously. On the 13th day, it continued to increase by 100-200 yuan / ton. On the 14th day, it increased by 50-100 yuan / ton again. On the 15th day, it still increased by 50-100 yuan / ton on weekends Until 22, the upward trend remained unchanged. The daily upward trend was 50-100 yuan / ton. On 22, the price finally began to stabilize. The weekend price slightly declined. On 25, the price of propylene fell again by 50-150 yuan / ton. Today, the price still fell by about 100 yuan / ton. Now, the market transaction is between 6670-6950 yuan / ton, and the main flow price is about 6700 yuan / ton. On May 26, the price of downstream polyether, driven by the rise of raw material propylene oxide, rose narrowly in some enterprises.
| PVA |
According to the price monitoring of business agency, on May 25, 2020, there are 13 kinds of commodities in the list of rise and fall of bulk commodity prices in the chemical industry sector, including 1 kind of commodity with an increase of more than 5%, accounting for 1.1% of the number of commodities monitored in the sector; the top three commodities are ethylene (7.25%), epoxy ethane (4.48%) and chloroform (2.17%). There are 18 kinds of commodities falling on a month on month basis, and 1 kind of commodities falling by more than 5%, accounting for 1.1% of the number of commodities monitored in the sector; the top three products falling were R22 (- 6.45%), R134a (- 4.69%), and hydrogen peroxide (- 3.32%). The average price of this day was – 0.09%.
3、 Future forecast:
According to the propylene oxide analyst of the business club, the price of raw material propylene has been revised back, but the propylene oxide is still supported by the low inventory of the factory, the trading atmosphere is still favorable, and the market price is rising steadily. It is expected that in the short term, the market situation of propylene oxide will be stable and wait-and-see. The specific trend needs to pay more attention to the change of the price of raw material and the transaction situation in the mainstream market.
| POLYVINYL ALCOHOL |