According to the monitoring data of the business community, as of September 19, the average price of propylene oxide enterprises was 10066.67 yuan/ton, 2.27% lower than that of last Wednesday (September 14), 11.85% higher than that of August 19, and 8.76% lower than that of last Wednesday (September 14).

Recently (9.14-9.19), the market of propylene oxide has declined. Recently, the market price of raw propylene has risen, and the cost support has been strengthened. Since the 14th, although the supply side inventory has accumulated slightly, it is temporarily controllable. The demand side is flat and just needs to follow up. The downstream purchasing sentiment is not high, so it is mainly cautious and wait-and-see. On the 19th, the mainstream quotation of propylene oxide market in Shandong Province was lowered to 9950-10100 yuan/ton. Some devices at the supply side recovered, and the demand side is still flat, waiting and waiting.

Upstream propylene, according to the data monitoring of the business community, the domestic propylene (Shandong) market price continued to rise this week (9.12-9.16). The average price of Shandong market at the beginning of the week was 7320 yuan/ton, and the average price at the weekend was 7434 yuan/ton, with a weekly increase of 1.56%, 3.77% higher than 30 days ago.

Downstream propylene glycol, according to the monitoring data of the business community, the reference price of propylene glycol was 10166.67 on September 16, up 9.91% compared with September 1 (9250.00).

The propylene oxide analysts of the business community believe that at present, the cost support is still there, the supply side is increasing, the demand side is waiting cautiously, and the market atmosphere is cold. It is expected that in the short term, the propylene oxide market will be dominated by the weak, and more attention should be paid to the market news guidance.