This week the propane market downturn (1.16-1.20)

This week weekend propane price is 4357 yuan / ton, the market down, down 3.41%.

Analysis of influencing factors

Products: due to the low price for good support, at present no negative impact on refinery shipments. But as prices continue to rise, downstream businesses will inevitably breed resentment. Civil gas and other related market rally has good convergence, low for propane was also gradually consumed.

PVA

The industrial chain: from the demand point of view, relying on the advantage of the pressure of the propane as everyone knows in winter is so popular, on the one hand, propane resources in northeast region of strong absorptive capacity, without considering the impact factors of inlet, domestic propane free sales; on the other hand, especially along the South market and Southern China area in the region less, many manufacturers follow the civil actively adjust, local high prices, more beneficial to the positive trend of the propane market.

Industry: imported, Saudi Aramco announced in January CP, the crude oil market optimistic expectations and winter in the northern hemisphere needs good support shamei CP ushered in the boom. Propane is 435 dollars / ton, compared with last month rose 55 U.S. dollars / ton; butane 495 dollars / ton, compared with last month rose 75 U.S. dollars / ton. About the goods or propane landed cost of 3570 yuan / ton, 4050 yuan / ton butane.

POLYVINYL ALCOHOL