Price Trend

According to the data of business associations, the market price of propylene oxide fell by 1.56% as of September 23, compared with 22. On September 23, the mainstream price of propylene oxide in China was 10300-10800 yuan/ton.

II. Analysis of Influencing Factors

Product: The market price of propylene oxide fell on the 23rd. Purchasing rhythm of downstream polyether market has slowed down, and the supply and demand of the market are basically balanced. The cash delivery price of Wanhua Chemistry Shandong Mainstream Market was 10500 yuan/ton on 23rd, and that of East China Mainstream Market was 108 00 yuan/ton. At present, the mainstream quotation of propylene oxide Market in eastern China is around 10 600 yuan/ton, which is remitted to the factory; the mainstream quotation of propylene oxide Market in Shandong is around 10 200 yuan/ton, which is remitted to the factory; and the mainstream quotation of propylene oxide Market in southern China is around 10 200 yuan/ton, which is remitted to the factory.

Industry chain: Upstream propylene market in Shandong Province remained stable on 23rd. The price of propylene enterprises in Shandong Province remained flat on the 23rd. At present, the market turnover is around 7800-8000 yuan/ton, and the mainstream price is 7800 yuan/ton. On the 23rd, the downstream polyether market fell with raw materials, weak operation, cold trading atmosphere, strong wait-and-see atmosphere, and limited buying.

3. Future market forecast:

Propylene oxide analysts believe that propylene oxide prices stabilized after the fall, propylene oxide manufacturers to actively ship, downstream demand is relatively light, no good support for the time being, it is expected that in the short term, the propylene oxide market will be mainly weak operation.