1、 Price trend
| PVA 1788 (PVA BP17) |
According to the data of business club, the domestic propylene (Shandong) market price fluctuated steadily in the first ten days of this month, while it showed a straight upward trend in the last ten days. At the beginning of the month, the monthly low price was 6737 yuan / ton, while at the end of the month, the monthly high price was 7739 yuan / ton. The monthly average price was over 1000 yuan / ton, with a monthly increase of 14.87%.
2、 Analysis and comment
According to the price chart of the business agency, since November 1, the propylene price has dropped sharply at the end of October, and has risen by 200-250 yuan / ton on the 5th. After a short period of stabilization, the price dropped slightly by about 100 yuan / ton on the 8th and 9th, and then stabilized again. On the 12th, the price rose by 50 yuan / ton again, and then fluctuated slightly. From November 19, all propylene prices rose again, and kept about 5 The upward speed of 0-100 yuan / ton for ten consecutive days has been about 800 yuan / ton, and the increase has reached 12.27% from 18th to 28th. The price has been stable since the end of the month. At present, the market transaction is between 7550 yuan / ton and 7850 yuan / ton, and the mainstream price is between 7650 yuan / ton and 7700 yuan / ton. Now the factory stock is small, the shipment situation is good.
On the upstream side, the crude oil price has risen in recent years, with slight fluctuation, which has a limited impact on propylene.
PP began to rise continuously in the middle of this month, with a monthly increase of 11.25%. The futures market is also relatively ideal, which has a certain positive impact on propylene.
This month, the price of acrylic acid gradually rebounded after the steep decline in the first ten days, with a monthly decline of 9.55% and a monthly amplitude of 30.25%, which has a limited impact on the favorable effects of propylene.
Propylene oxide also rose after a significant decline in the first ten days of this month, with a monthly increase of 0.56% and a monthly amplitude of 32.19%, which had a slight positive impact on propylene.
| PVA 2088 (PVA BP20) |
Epichlorohydrin continued to rise in this month and then stabilized, with a monthly increase of 20.99% and a monthly amplitude of 22.53%, which has a positive impact on propylene.
Isopropanol rose significantly in the middle of this month, with a monthly increase of 33.76% and a monthly amplitude of 42.19%, which had a significant positive effect on propylene.
This month, the domestic n-butanol price rose steadily and then stabilized, with a monthly increase of 38.23% and a monthly amplitude of 38.93%, which had a significant positive impact on the propylene market.
Octanol also showed a steady upward trend this month, with a monthly increase of 27.23%, which also had a significant positive impact on propylene.
The phenol Market in East China rose sharply in the middle of this month, with a monthly increase of 21.05% and a monthly amplitude of 25.23%, which has a positive impact on propylene.
The acetone market in East China also rose sharply in the middle of this month, with a monthly increase of 39.48%, which had a significant positive impact on propylene.
3、 Future forecast
The propylene analysts of the chemical branch of the business society believe that: in a comprehensive view, the current propylene manufacturers have less inventory, the crude oil price is up and down, the downstream market is better, and the increase is more obvious, but the market started to stabilize at the end of the month, and the upward pressure in the later stage is greater, so it is expected that the propylene price will stabilize temporarily in the near future.
| POLYVINYL ALCOHOL |