1、 Price trend
| PVA 1788 (PVA BP17) |
According to the data from the business club’s bulk list, the domestic propylene (Shandong) market price has remained stable after a slight drop in the past eight days, rising to 7979 yuan / ton at the beginning of the week; this Monday’s high price was 7999 yuan / ton, with an increase of 0.25%; from last Tuesday, it was at the 8-day low price of 7966 yuan / ton, with an 8-day amplitude of 0.42%.
2、 Analysis and comment
According to the price chart of business agency, the price of propylene rose continuously in late November, increasing by more than 12%. From the end of the month to the beginning of the month, the price was stable again. On the 4th, the price rose by about 450 yuan / T from the 3rd to 8th, up by 5.90%. On the 9th, the price was fully stable. On the 10th, some enterprises made up for the increase, and some enterprises’ prices fell slightly. On the 11th, the price began to decline twice, and on the 14th, it had declined 200-250 yuan / T. on the 15th, the price was mainly stable, and on the 15th, the price was mainly stable Don’t go up. Today’s price is up about 50 yuan / ton. The market transaction is between 7900 yuan / ton and 8150 yuan / ton. The mainstream price is about 7950 yuan / ton. Now the factory stock is not much, the pressure is not big, the shipment is general.
On December 18, crude oil prices still rose slightly, which had a slightly positive impact on propylene.
In recent eight days, the spot price of PP stabilized after falling, with a decrease of 2.09% on the 8th, which had a slightly negative impact on propylene.
In the past eight days, the market of acrylic acid stabilized after rising, with an increase of 0.68% on the eighth day, with limited impact on propylene.
In recent eight days, the market of propylene oxide decreased slightly and then recovered, with an increase of 2.89% on the eighth day and an amplitude of 5.12% on the eighth day, which had a positive impact on propylene.
Epichlorohydrin fluctuated up and down in recent eight days, with an increase of 0.27% on the eighth day and an amplitude of 3.37% on the eighth day, which had little impact on propylene.
In recent eight days, the domestic price of n-butanol has been rising all the way, with a rise of 9.67% on the eighth day, which has a more obvious effect on propylene.
In recent eight days, the market of octanol also went up all the way, with an increase of 16.34% on the eighth day, which also had a greater positive effect on propylene.
In recent eight days, isopropanol market has been falling all the way, with a 8.70% drop on the eighth day, which has a certain negative impact on propylene.
In recent eight days, phenol in East China continued to decline, with a decline of 4.97%, which had a slight negative impact on propylene.
In recent eight days, East China acetone went down all the way, with a drop of 11.38% on the eighth day, which had a more obvious suppression effect on propylene.
3、 Future forecast
The propylene analysts of the chemical branch of the business society believe that: Generally speaking, there is not much propylene in stock, the crude oil price has risen slightly, and the downstream market is slightly cold, with both ups and downs. It is expected that the propylene price may fluctuate and rise slightly due to the impact of inventory in the near future.
| POLYVINYL ALCOHOL |