1、 Price trend
| Melamine |
According to the data of the large volume list of business associations, the domestic propylene (Shandong) market price in the first half of October rose slightly and then remained stable, with the first half of the month at a low price of 7503 yuan / ton; the mid month price (October 16) was 7524 yuan / ton, with a half month increase of 0.28%; on October 8 and 9, the half month high price was 7530 yuan / ton, and the half month amplitude was only 0.36%.
2、 Analysis and comment
According to the price chart of the business agency, since October 1, propylene prices have remained stable on the whole, with some enterprises’ prices rising and falling slightly. In the second week of October, they remained stable. On Friday, only a few enterprises’ prices fell slightly, and most enterprises continued to maintain stability. The market transaction is still between 7480 and 7650 yuan / ton, and the mainstream price is about 7500 yuan / ton. Recently, part of the propylene plant maintenance, the overall supply is still a little tight.
On October 15, crude oil prices fell slightly, which had a limited impact on propylene market.
In the first half of the month, the spot price of PP stabilized after rising, with a half month increase of 1.66%, which may have some positive impact on propylene.
| Bacillus thuringiensis |
Acrylic acid market rose sharply in the first half of the month, up 9.66% in the first half of the month, which had a significant positive impact on propylene.
Propylene oxide market rose slightly in the first half of the month, with a half month increase of 0.89%, which had little impact on propylene.
In the first half of the month, the price of epichlorohydrin fell, and the half month decline was 1.18%, and the half month amplitude was 3.53%, which had a small negative impact on propylene.
In the first half of the month, the domestic price of n-butanol rose slightly, with a half month increase of 3.16%, which had a slight positive impact on propylene.
In the first half of the month, octanol market rebounded and rose, with a half month increase of 1.35% and a half month amplitude of 2.26%, which had a small positive impact on propylene.
In the first half of the month, the isopropanol market rose significantly and remained stable, with a half month increase of 7.14% and a half month amplitude of 7.56%.
In the first half of the month, the price of phenol in East China remained stable after a continuous rise, with a half month increase of 7.37%.
In the first half of the month, the price of acetone in East China remained stable after rising continuously, with a half month increase of 11.61%, which also had a certain effect on propylene.
3、 Future forecast
The propylene analysts of the chemical branch of the business society believe that: on the whole, the current propylene manufacturers have less stocks, the crude oil price has dropped slightly, and the supply is slightly tight. At present, there are more plant overhauls, and the downstream companies are mainly on a small scale, but most of them are just needed purchases. The current propylene price has been at the recent high level for a long time and has been digested. Therefore, it is expected that the propylene price will remain stable in the near future.
| Azodicarbonamide (AC foaming Agent) |