According to the monitoring data of business society, as of July 31, the ex factory price of domestic industrial grade propylene glycol was 16600 yuan / ton. Compared with July 1 (the reference price of propylene glycol was 16066 yuan / ton), the average price increased by 434 yuan / ton, or 3.32%.
In early July, due to the overhaul of domestic propylene glycol plants, the supply of propylene glycol in the market decreased, the fear of rising in the downstream increased, the downstream took goods actively, and the propylene glycol market showed an upward trend. As of July 15, the average ex factory price of domestic propylene glycol rose to 17566 yuan / ton, an increase of 9.34% in the first half of the month compared with the beginning of the month.
In late July, propylene glycol units were put into operation one after another, the on-site supply increased, the downstream demand was generally affected by the season, and the effective support of propylene glycol market was insufficient. At the end of the month, the propylene glycol market price plunged sharply. On July 27, the low-end price of propylene glycol market fell back to 16200 yuan / ton. Later, the market was weak until the end of July. According to the monitoring data of business society, as of July 31, The average ex factory price of domestic propylene glycol refers to 16600 yuan / ton. Compared with the price in early July, the average price increases by 534 yuan / ton, with a monthly increase of 3.32%.
In terms of related products dimethyl carbonate, the domestic dimethyl carbonate market rose sharply in July. In the middle and early July, factories in Shaanxi and Shandong were shut down for maintenance. The supply of dimethyl carbonate in the yard decreased, and the supply tension increased rapidly. The market price of dimethyl carbonate rose sharply. The single day increase of dimethyl carbonate exceeded 1000 yuan / ton. By the 15th, dimethyl carbonate rose to 7800 yuan / ton, an increase of 13.59% in the first half of July compared with the beginning of July.
In late July, the domestic dimethyl carbonate market continued to rise steadily. On the 27th, the market price of dimethyl carbonate rose to the peak of the current month. The mainstream quotation of dimethyl carbonate in Shandong was 8300-8800 yuan / ton, and the average price was 8433 yuan / ton. Under the high price, the factory shipment rhythm slowed down, and the dimethyl carbonate market fell slightly at the end of the month, but it was still high as of July 31, According to the monitoring data of business agency, the average ex factory price of domestic dimethyl carbonate is 8233 yuan / ton, which is 1367 yuan / ton higher than that in early July, with a monthly increase of nearly 20%.
In terms of upstream propylene oxide, the propylene oxide market was strong and upward in mid and early July, with an increase of 23.99%. Since late July, propylene oxide market has weakened. Recently, the representative factories accumulated slowly, the market supply tended to be loose, coupled with the obvious price depression in the middle and lower reaches, and the focus of market negotiation gradually decreased. On the 27th, the mainstream quotation of propylene oxide Market in Shandong was around 16300-16500 yuan / ton. According to the monitoring data of business society, as of July 31, the reference price of propylene oxide was 16300 yuan / ton, an increase of 9.4% compared with July 1 (14900 yuan / ton).
Future forecast and analysis of propylene glycol
At present, the supply of propylene glycol has basically returned to normal, and the downstream demand is mainly rigid demand. In terms of cost, the high level of raw material propylene oxide gives propylene glycol cost support. Therefore, the propylene glycol analysts of business society believe that in the short term, the domestic propylene glycol market will be dominated by stable small and medium range.
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