1、 Price trend
| Benzalkonium chloride |
According to the data from the business club’s bulk list, the domestic propylene (Shandong) market price fell in two stages in the past ten days, with a high price of 7492 yuan / ton on October 17; it began to stabilize on October 20, and began to decline again on October 23; the low price on October 26, 7142 yuan / ton, decreased by 4.67% on October 10.
2、 Analysis and comment
According to the price chart of the business agency, since October 1, the price of propylene has remained stable on the whole, with some enterprises’ prices rising and falling slightly this week. On Friday, only a few enterprises’ prices fell slightly. Most enterprises continued to hold steady, but fell about 200 yuan / ton from 17 to 19, a small range from 20 to 23, and an obvious downward trend appeared again at the weekend (October 24 and 25), and 200 yuan / ton on the 26th At present, the market turnover is between 7075 and 7300 yuan / ton, and the mainstream price is about 7100 yuan / ton. Now the pressure of shipment is increasing.
On October 23, crude oil prices fell slightly, with limited impact on propylene.
In recent ten days, the spot price of PP remained stable and had no effect on propylene.
In recent ten days, the acrylic acid market declined slightly, with a decline of 0.31% on the 10th, which had little impact on propylene.
In recent ten days, the market of propylene oxide almost remained stable. Today, it dropped sharply, with a daily drop of 2.99%, which had a negative impact on propylene.
| ferric sulfate (Poly ferric sulphate) |
In recent ten days, epichlorohydrin price rose in stages, with a 10 day increase of 1.49%, which had a slightly positive impact on propylene.
In recent ten days, the domestic price of n-butanol dropped slightly after rising, with a 10-day increase of 1.02% and a 10-day amplitude of 1.53%.
In recent ten days, octanol market declined by 0.44%, which had little impact on propylene.
In recent ten days, the isopropanol market declined steadily, with a decline of 6.27%, which had a negative impact on propylene.
The fluctuation of phenol in East China remained stable for 10 days, with a slight impact on the amplitude of 10.1%.
The price of acetone in East China stabilized after falling in the past ten days, with a decrease of 9.67%, which had a certain suppression effect on propylene.
3、 Future forecast
The propylene analysts of the chemical branch of the business society believe that: on the whole, the inventory of propylene manufacturers is increasing, the crude oil price is fluctuating, the propylene price goes down at the weekend, the downstream operating rate and profit margin are OK, but the supply of goods is sufficient, and the price is mostly downward, so it is expected that the propylene price will continue to decline slightly in the near future.
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