1、 Price trend of propylene oxide
| ferric sulfate (Poly ferric sulphate) |
(Figure: P value curve of propylene oxide product source: Commodity analysis system of Business Club)
2、 Market analysis
The propylene oxide Market is watching the game carefully this week. As of October 23, the average price quoted by propylene oxide enterprises was 18966.67 yuan / ton, which was flat compared with the beginning of the week, and increased by 6.95% compared with September 23. At present, the factory is slowly accumulating stocks, and the follow-up of new downstream orders is slow. With a strong wait-and-see attitude, Po devices have their own start-up and shutdown, and the market is in a long-term and short-term game. The mentality is slightly weak.
On October 23, the propylene oxide commodity index was 118.05, which was the same as yesterday, reaching a record high in the cycle, which was 183.09% higher than the lowest point of 41.70 on January 25, 2016. (Note: period refers to 2011-09-01 to now)
| Azodicarbonamide (AC foaming Agent) |
Upstream propylene, on October 22, the market price of propylene in Shandong continued to be stable. 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 keep stable. However, the prices fell in a wide range since the weekend, with a drop of about 200 yuan / ton on the 19th, and individual downward movements from the 20th to the 22nd, most of which remained unchanged. The transaction volume is now between 7100 and 7650 The mainstream price is about 7300 yuan / ton. Now the pressure of shipment is slightly increased compared with the previous period.
Downstream n-propanol: at present, the downstream procurement of n-propanol in China is normal, and the price fluctuation of n-propanol is limited under the support of raw materials. According to the price monitoring data of business agency, as of October 22, the reference average price of domestic n-propanol with packaging in mainstream areas was around 11433.33 yuan / T, which was 0.59% higher than that on October 1. At present, the market trading atmosphere of downstream propylene glycol is general, and the inventory pressure is gradually increasing According to the monitoring data of the business agency, as of October 22, the average ex factory price of domestic propylene glycol was 9333.33 yuan / ton, which was 1.82% higher than the price at the beginning of the month. For the downstream soft foam polyether, the pressure on the soft foam polyether market in Shandong was lowered on October 22, and the raw material propylene oxide was long-term game. The downstream market was waiting to fall, the actual transaction volume was reduced, and the factory shipment was under pressure Shipment.
3、 Future forecast
The propylene oxide analysts of the business club believe that at present, the main supply and demand sides play cautiously and the overall supply and demand are balanced. It is expected that in the short term, the propylene oxide market will be dominated by the high-level game, and the specific trend needs to pay more attention to the market information guidance.
| Melamine |