According to the monitoring data of the business agency, as of October 14, the ex factory transaction price of domestic propylene glycol was 9333 yuan / ton. Compared with October 1, the average price of propylene glycol increased by 167 yuan / ton, or 1.82%. Compared with 9 and 1, the average price of propylene glycol increased by 1533 yuan / ton, or 19.66%.
| Bacillus thuringiensis |
After the festival, the raw materials continued to be high, propylene glycol pressure was adjusted narrowly, and the overall small range was upward
After the festival, the domestic propylene glycol market has been adjusted in a narrow range with both high and low adjustments, and the overall upward trend is the majority. This trend mainly comes from two aspects. On the one hand, due to the cost pressure given by the continuous rise of raw material propylene oxide, propylene glycol market is difficult to get down, and the price is passively pushed up. The offer of many factories is still high or pressure is up, with an increase range of 200-300 yuan / ton. At present, the high-end transaction price of propylene glycol refers to 9800 yuan / ton.
On the other hand, after the festival, the propylene glycol plant started normally, and the inventory was abundant. Downstream users only kept purchasing on a just need basis. They were strongly resistant to high prices. Under the deadlock between supply and demand, some factories and dealers went down slightly, with a downward range of 200 yuan / ton. At present, the low-end transaction price of propylene glycol refers to 9000 yuan / ton.
As of October 14, the ex factory transaction price of domestic propylene glycol was 9333 yuan / ton. Compared with October 1, the average price of propylene glycol increased by 167 yuan / ton, or 1.82%. Compared with 9 and 1, the average price of propylene glycol increased by 1533 yuan / ton, or 19.66%.
| Azodicarbonamide (AC foaming Agent) |
The production capacity and operation of propylene glycol in some domestic enterprises are attached (data for reference only)
Factory’s production capacity (10000 / T) process remarks
Normal operation of Shida Shenghua 12.5 transesterification process unit
Normal operation of Haike Xinyuan 6 transesterification process unit
Normal operation of 5.5 transesterification process unit of wells chemical
Normal operation of Depp chemical 4.8 transesterification process unit
Internationally, China’s crude oil imports continued to grow, coupled with the continued decline of the US dollar, international oil prices rebounded. On Tuesday (October 13), WTI November 2020 futures rose $0.77 at $40.20 a barrel, while Brent’s December 2020 futures rose $0.73 to $42.45 a barrel. The main contract of China’s SC crude oil futures fell 3.3 yuan / barrel to 272.2 yuan / barrel in 2012.
It is difficult to ignore short-term weak operation due to insufficient demand
At present, the cost of propylene glycol is obviously inverted, and the demand is weak. In addition, the export is affected by the exchange rate, freight and domestic price. The foreign trade sales are average and the performance is flat. The overall sales pressure of the market is not reduced. Therefore, it is expected that the price of propylene glycol will be weak and narrow in the short term.
| Melamine |