[chemical]  Finance recently, propylene prices fell. The traditional stocking not before the Spring Festival party, terminal factory after parking the holiday, downstream users purchase demand is limited, resulting in domestic propylene oxide factory inventory pressure rise, prices continue to dip down. In January a large number of imported supply shocks, lower overall demand is limited, the domestic propylene inventory pressure, continuous innovation and low price.

Epoxy propane propylene bottomed out, prices were slightly higher, the market price of raw materials of liquid chlorine stable move large, part of plant maintenance effect, the market supply side will be reduced, or late chlorine will rise slightly. Prices of raw materials, propylene oxide below the cost line, the cost appears upside dilemma. The downstream polyether plant overall demand is limited, in the raw material falling market, users cover stock enthusiasm is not high, and more cautious.

Overall, prices rise slightly upstream of propylene, propylene oxide for the first time the cost of the situation upside down. Polyether downstream demand is limited, the Spring Festival approaching, many factories have economic benefits downstream polyether early holiday, epoxy propane consumption into further weakened, social inventory pressure will be difficult to release. In the short run, propylene oxide factory to downward price adjustment intention little cost pressures, but under weak downstream demand, the possibility of rebound is not high, the market is expected to weak consolidation potential.

Market dynamics of epoxy propane in January 26th part of the enterprise or area:

Shandong Yantai Wanhua 264 thousand / epoxy propane unit to 6-7 into operation, the daily output of 450 tons, the price 6700 yuan / ton to the east.

Nanjing Kumho GPRO chemical 80 thousand tons of propylene oxide unit full load operation, daily output of 260 tons, the price 7500 yuan / ton (cash factory).

Shijiazhuang Huafeng special oil epoxy propane unit in normal operation, the daily output of 200 tons, the price increase 100 yuan / ton, price 6600 yuan / ton (cash factory).

Fang Dajin chemical 120 thousand tons of propylene oxide unit full load operation, the price increase 100 yuan / ton, price 6600 yuan / ton (cash factory).

Tianjin Dagu 150 thousand tons of propylene oxide unit load into 5 run, price increase 100 yuan / ton, price 6600 yuan / ton (cash factory).

Shandong Shida Shenghua chemical group 70 thousand tons of propylene oxide unit load of 7-8 operation, the price increase 100 yuan / ton, price 6600 yuan / ton (cash factory).

Dongying Huatai fine chemical a propylene oxide plant annual production capacity of 80 thousand tons, the current load of 8 to run, the daily output of 200 tons, the price increase 100 yuan / ton, price 6600 yuan / ton (cash factory).

Shandong province Wudi Xinyue chemical 3 sets of 100 thousand tons / year propylene oxide plant started in 7, the price increase 100 yuan / ton, the price 6600 yuan / ton (cash factory).