1、 Price trend of propylene oxide
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(Figure: p-value curve of propylene oxide product)
2、 Market analysis
According to the data of the business club’s block list, as of March 30, the average quotation price of propylene oxide enterprises was 18933.33 yuan / ton, down 2.41% compared with the previous trading day, down 5.80% compared with last Tuesday (March 23), and up 0.53% compared with the price at the beginning of the month. At present, it represents the medium level of factory inventory, the willingness of the middle and lower reaches to hold down the price, Duowei needs to follow up, and the focus of market negotiation is on the low end. At present, the mainstream quotation of propylene oxide Market in Shandong is around 18400-18600 yuan / ton.
Upstream propylene, March 30, Shandong propylene market prices rose slightly. According to the price chart of the business society, affected by the upstream and downstream, the propylene price rose again and again in the second half of February, which was at a high level for many years. It was generally stable at the end of the month and the beginning of the month. The price began to decline on the 4th, and generally rebounded on the 8th. The price rose 150-250 yuan / ton in two days, and then generally stabilized. The price rose about 50 yuan / ton again on the 12th, and continued to rise 50 yuan / ton on the 15th, starting from the 16th Since the 18th, the price has entered the downward channel again, with a daily drop of 100-150 yuan / ton. Since the 25th, the price has been generally stable, with some small changes in individual enterprises. Today, half of the prices have risen by about 50 yuan / ton. At present, the market transaction is still between 7850-8400 yuan / ton, and the mainstream price is 7850-7900 yuan / ton.
Downstream propylene glycol, according to the monitoring data of the business community, as of March 30, the factory price of domestic industrial grade propylene glycol was 16066.67 yuan / ton, which was the same as that of the previous trading day; downstream soft foam polyether, on March 30, the market price of soft foam polyether in Shandong fell, the raw material propylene oxide fell, the cost support weakened, the downstream inquiry atmosphere was ok, and the actual transaction was general. At present, the market price of soft foam polyether in Shandong Province declined The mainstream price of ordinary soft foam polyether market in the district is around 18100-18400 yuan / ton.
3、 Future forecast
Business community propylene oxide analysts believe that, at present, the downstream mentality is cautious, and there is no lack of manufacturers to let profits and drain stocks. It is expected that in the short term, the propylene oxide market may be weak, and more specific trends still need to pay attention to market information guidance.
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