1、 Price trend
| Benzalkonium chloride |
According to the data of the business club’s bulk list, the domestic propylene (Shandong) market price continued to rise this week, with the weekly low price of 6756 yuan / ton at the beginning of the week, 6943 yuan / ton at the weekend, and the weekly high price of 6946 yuan / ton on Thursday, with the weekly increase of 2.77% and the weekly amplitude of 2.81%.
2、 Analysis and comment
According to the price chart of business agency, propylene price remained stable in the first half of October and plummeted by more than 10% in the second half. Since November 1, the price has been adjusted back. Since November 1, the price has risen by 200-250 yuan / ton. Today, the price has finally begun to stabilize, and some enterprises have declined slightly. The transaction volume in the market is between 6750 yuan / ton and 7250 yuan / ton, and the mainstream price is about 6900 yuan / ton. At present, the shipment situation of the manufacturer is relatively ideal.
On November 5, the crude oil price did not change much, and the impact on propylene was limited.
The spot price of PP rose at the beginning of the week, up 1.43%. The futures market was also more ideal at the beginning of the week and flat in the later period, which had a slightly positive impact on propylene.
Acrylic acid market slightly down this week, the weekly decline of 0.69%, less impact on propylene.
The propylene oxide market fell sharply this week, with a weekly drop of 8.14%, which had a more obvious negative impact on propylene.
The price of epichlorohydrin stabilized after rising this week, with a weekly increase of 3.40%, which has a positive impact on propylene.
The domestic price of n-butanol stabilized after a small fall this week, with a weekly decline of 0.51%, which had a limited impact on propylene.
| ferric sulfate (Poly ferric sulphate) |
This week, octanol market rose over the weekend, up 1.14%, slightly positive impact on propylene.
The isopropanol market rose slightly this week, with a weekly increase of 0.83%, which also had a slight positive impact on propylene.
This week, East China phenol also fell slightly and then stabilized, with a weekly decline of 0.67%, which had little impact on propylene.
East China acetone rose sharply on Monday and rose slightly at the weekend, with a 6-day increase of 4.80%, which had a certain effect on propylene.
3、 Future forecast
The propylene analysts of the chemical branch of the business society think: in a comprehensive view, the current propylene manufacturers have less inventory pressure, smooth shipment, the crude oil price is general, and the downstream market is more favorable, which can achieve a certain support, and the propylene price has a large decline in the early stage, and has a certain rise this week, so it is expected that the price will start to stabilize in the near future.
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