1、 Price trend of propylene oxide
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(Figure: P value curve of propylene oxide product)
2、 Market analysis
In recent years, the market of propylene oxide has been rising strongly. As of November 16, the average price quoted by propylene oxide enterprises was 17366.67 yuan / ton, up 18.95% compared with last Monday (November 9) and 8.44% lower than that on October 16, according to the data of the business club. The inventory of propylene oxide plant is pressureless, some of which are controlled. The inventory of raw materials downstream of the terminal is low, and the willingness to replenish is strong, which supports the price rise of propylene oxide. At present, the mainstream quotation of propylene oxide Market in Shandong is around 16800-17300 yuan / ton.
Upstream propylene, November 16, Shandong propylene market price fluctuated slightly. 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 200-250 yuan / ton. After a short period of stabilization, the price dropped slightly by about 100 yuan / ton on August 8 and 9 and then stabilized again. On the 12th, it rose 50 yuan / ton and then stabilized again. Today’s price is up and down slightly. The market transaction is between 6830 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.
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As of November 13, the reference average price of domestic n-propanol including packaging in mainstream areas was 11466.67 yuan / ton, up 1.78% compared with November 1 For downstream propylene glycol, according to the monitoring data of the business agency, as of November 13, the factory average price of domestic propylene glycol was 10666.67 yuan / ton, which was 14.29% higher than the price at the beginning of the month; for downstream soft foam polyether, on November 16, the market price of soft foam polyether in Shandong increased, the price of raw material propylene oxide increased, the cost support was strengthened, and the actual transaction atmosphere in the market was weaker than that of last week The mainstream price of common soft foam polyether in Shandong is around 17700-19000 yuan / ton.
3、 Future forecast
The propylene oxide analysts of the business agency believe that at present, the upstream propylene market price fluctuates slightly, the propylene oxide manufacturers have no pressure control, the downstream polyether rises and rises, and the market is stable. It is expected that in the short term, the propylene oxide market will mainly operate at a high level, and more attention should be paid to the market information guidance for the specific trend.
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