1、 Price trend
According to the data of the business club’s large list, the market price of propylene (Shandong) in China has been rising steadily this week, with the weekly low price of 6332 yuan / ton at the beginning of the week; the weekly high price of 6657 yuan / ton at the weekend, with a weekly increase of 5.13%.
2、 Analysis and comment
Product: last month, Shandong propylene price soared and plummeted, and then remained stable again, and the market was stable. During the May 1st period, the price of propylene slightly increased by about 50 yuan / ton. On the 6th, the price went up by 100 yuan / ton again. On the 7th, 8th and 9th, the price went up by 50 yuan / ton continuously. On the 10th, some enterprises went up by 50 yuan / ton continuously. On the 11th, they went up by 50 yuan / ton again. On the 12th, they went up by 100-200 yuan / ton obviously. On the 13th, they went up by 100-200 yuan / ton continuously. On the 14th, they went up by 50-100 yuan / ton again. Today, they are still up by 50-100 yuan / ton. Now, the market The turnover is between 6600-6800 yuan / ton, and the mainstream price is around 6600 yuan / ton. At present, propylene inventory is low, goods are slightly in short supply, and shipment is relatively smooth.
| Benzalkonium chloride |
Industry chain: influenced by the international situation, the international crude oil price rose significantly at the end of last week. Now, the crude oil is still rising, but the trend is slowing down. Influenced by the international events on August 8, the crude oil rose again significantly. On November 11, the crude oil went down slightly. In the later period, the crude oil price increased slightly, which has a certain positive impact on propylene.
Affected by public health events, the modified special material in PP last month was melt blown cloth material, and the price rose sharply in the early stage. Now, the price of melt blown cloth has been lowered, and PP futures have been restored to rationality. This week, PP spot has stepped down, with a weekly decline of 3.67%, slightly negative impact on propylene.
This week, acrylic acid market continued to rise, up 2.93%, slightly positive impact on propylene.
This week’s propylene oxide market also continued to rise, up 3.35% week on propylene small positive impact.
Epichlorohydrin was up in shock this week, up 2.99%, which had a little positive impact on propylene.
This week, the domestic price of n-butanol rose continuously, with a weekly increase of 4.78%, which has a certain positive impact on propylene.
In the first ten days, octanol market fluctuated steadily, with weekly increase of only 0.84%, which had little impact on propylene.
Affected by the epidemic situation, the isopropanol market, as one of the raw materials of foreign disinfectants, experienced a sharp rise in the early period and a steady decline. This week, it was up in shock, with a weekly increase of 4.19%, which may still have a positive impact on propylene.
| Sodium Molybdate |
The phenol Market in Shandong Province remained stable this week, with a weekly decline of 0.54%, which had little impact on propylene.
The acetone market in Shandong Province was stable and fluctuated after rising this week, with a weekly increase of 3.85% and a weekly amplitude of 4.49%, which had limited positive impact on propylene.
3、 Future forecast
According to the propylene analyst of the chemical branch of business society, on the whole, the international crude oil market has a positive support, and the price has been rising for many times, which has a certain supporting effect on propylene. However, the downstream operation rate is relatively high, propylene inventory is not much, and the recent shipment is still relatively smooth. Currently, there is a small increase in the downstream. However, the increase of propylene for several consecutive days still puts pressure on the downstream. It is expected that the price of propylene will stabilize after a small increase in recent days.
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