1、 Price trend
| Benzalkonium chloride |
According to the data from the business club’s bulk list, the domestic propylene (Shandong) market price fell slightly this week and then recovered and stabilized, with 6868 yuan / ton at the beginning of the week, 6992 yuan / ton at the weekend, and 6844 yuan / ton on Tuesday and Wednesday, with a weekly increase of 0.34% and a weekly amplitude of 0.70%.
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. After a short period of stabilization, the price dropped slightly by about 100 yuan / ton on August 9 and then stabilized again. On the 12th, it rose 50 yuan / ton and then stabilized again. The market transaction is between 6750 yuan / ton and 7200 yuan / ton, and the mainstream price is about 6850 yuan / ton. At present, the inventory of manufacturers is controllable, and the shipment situation is still ideal.
On November 12, crude oil prices declined slightly, but the range was not large, and the impact on propylene was limited.
This week, PP spot price rose slightly over the weekend, with a weekly increase of 0.20%. The futures market is relatively ideal, which has a slightly positive impact on propylene.
Acrylic acid market continued to rise this week, the weekly increase has reached 5.48%, slightly favorable impact on propylene.
This week, the propylene oxide market rose sharply, with a weekly increase of 9.82%, which made up for the impact of the sharp decline in the earlier period, which had a more obvious positive effect on propylene.
Epichlorohydrin also had a significant upward trend this week, with a weekly increase of 9.20% and a weekly amplitude of 11.28%, which had a significant positive impact on propylene.
| ferric sulfate (Poly ferric sulphate) |
This week, domestic n-butanol price continued to rise and then stabilized, with a weekly increase of 3.87%, which had a small positive impact on propylene.
Octanol market in the second half of this week significantly increased, up as high as 7.13%, has a positive impact on propylene.
The isopropanol market rose steadily this week, with a weekly increase of 4.45%, which also had a positive impact on propylene.
This week, phenol in East China showed a ladder upward trend, with a weekly increase of 12.11%, which had a more obvious effect on propylene.
This week, East China acetone also showed a ladder like upward trend, with a weekly increase of 6.94%, which also had a more obvious effect on propylene.
3、 Future forecast
The propylene analysts of the chemical branch of the business society believe that: on the whole, the inventory of propylene manufacturers is controllable, the crude oil price is slightly downward, and the downstream market is relatively ideal, but mainly wait and see, so it is expected that the propylene price will start to stabilize in the near future.
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