According to the price monitoring of business associations, the average price of propylene oxide in the market as of April 19 was 10,900 yuan/ton. At present, the mainstream price of propylene oxide in the market is 10,700 yuan/ton to 11,200 yuan/ton, which is 0.31% higher than that at the beginning of the week.
II. Analysis of Influencing Factors
Product: Propylene oxide Market is stable this week. As of April 19, the cash delivery price of Wanhua Chemistry Shandong Mainstream Market was 10,900 yuan/ton, and that of East China Mainstream Market was 11,200 yuan/ton.
Industry chain: This week, some downstream plants of propylene oxide were slightly adjusted by external impact load, but the overall market supply and demand is not unbalanced, we need to continue to pay attention to the start-up changes of domestic upstream and downstream devices.
3. Future market forecast:
According to business associations, the market is still adjusting steadily in the short term.