1、 Price trend of propylene oxide
(Figure: P value curve of propylene oxide product)
|PVA 1788 (PVA BP17)|
2、 Market analysis
The market price of propylene oxide rose slightly on July 30. As of July 30, the average price quoted by propylene oxide enterprises was 11100 yuan / ton, up 0.91% compared with the previous trading day, and 10.63% higher than that on June 30 (10033.33 yuan / ton). At present, the price of raw material propylene has been raised, the new order of the factory has been followed up fairly well, the enterprise’s offer has risen, the middle and lower reaches just need to replenish their positions, and there is a strong sense of resistance to high price raw materials, and there is a strong wait-and-see atmosphere in the market.
Regional July 29 July 30 remarks
RMB 10750-10900 / T and RMB 10850-11000 / T in Shandong
RMB 11100-11200 / ton in East China
10700-10800 yuan / ton in South China
Upstream propylene, on July 30, the market price of propylene in Shandong continued to rise slightly. According to the price chart of the business agency, the market turnover on the 30th was between 6720 and 7000 yuan / ton, and the mainstream price was about 6750 yuan / ton. At present, propylene manufacturers have no inventory pressure, shipment is smooth, crude oil prices slightly upward, the overall downstream market operating rate is acceptable, butanol and propylene are relatively ideal. At present, the propylene market price continues to rise and has not reached the upper limit. The market atmosphere is improved and the purchasing enthusiasm is fair. Therefore, it is expected that the propylene price will continue to rise in the near future.
According to the price monitoring data of the business agency, as of July 29, the reference average price of domestic n-propanol with packaging in mainstream areas was around 11900 yuan / ton, which was flat compared with the price at the beginning of the month. As of July 30, the market price of downstream soft foam polyether in Shandong has risen narrowly, the price of raw material propylene oxide has increased, and the cost support has been strengthened. A small number of downstream enterprises still have to follow up, and the market atmosphere is fair.
3、 Future forecast
The propylene oxide analysts of the business club believe that the current price of raw material propylene market is rising, the cost support is strengthened, the middle and lower reaches just need to replenish the warehouse, and the new orders of the factory can be followed up. It is expected that in the short term, the propylene oxide Market will mainly operate at a high level, and the specific trend needs to pay more attention to the information guidance from all aspects of the market.