I. price trend
According to the data in the business club’s large list, as of December 4, the market of propylene oxide rose, with an average price of 10366.67 yuan / ton, up 0.97% compared with that of December 3, and the mainstream price of propylene oxide in China was 10300-10500 yuan / ton on December 4.
II. Analysis of influencing factors
Product: epoxy propane market rose on the 4th. The market supply is tight, and there is no pressure on the manufacturers to ship. The raw material inventory in the downstream polyether market is low, and the price of propylene oxide manufacturers is mainly increased. On April 4, the cash delivery price of Shandong mainstream market of Wanhua chemical was 10200 yuan / ton, and that of East China mainstream market was 10500 yuan / ton. At present, the main quotation of propylene oxide Market in East China is around 10300 yuan / ton, which is delivered by cash; the main quotation of propylene oxide Market in Shandong is around 10200 yuan / ton, which is delivered by cash; the main quotation of propylene oxide Market in South China is around 10100 yuan / ton, which is delivered by cash.
Industry chain: the upstream propylene market fell on April 4, down 1.19%. On April 4, the actual order in the downstream polyether yard was limited.
3. Future forecast:
According to the propylene oxide analysts of the business club, the market supply is reduced and the downstream raw material inventory is low, which drives the price of propylene oxide up. The price of propylene in the upstream raw material will go down, and the actual order in the downstream polyether yard will be limited, which will affect the price of propylene oxide to a certain extent. In the short term, the market of propylene oxide is expected to rise steadily.