Propylene oxide market price rose slightly this week (8.17-8.21)

1、 Price trend of propylene oxide

 

Gamma-PGA (gamma polyglutamic acid)

(Figure: P value curve of propylene oxide product)

 

2、 Market analysis

 

Propylene oxide Market is up this week. As of August 21, the average price quoted by propylene oxide enterprises was 13200 yuan / ton, up 1.8% compared with the beginning of the week, and 30.26% higher than July 21 (10133.33 yuan / ton).

 

At the beginning of the week (August 17), the average price quoted by propylene oxide enterprises was 12966.67 yuan / ton. The new factory had a good one-way direction and obvious intention to support the market, and the offer rose. On the 18th, the downstream polyether orders increased, and the delivery of propylene oxide plant was smooth, and the price rose again to 13033.33 yuan / T. on the 20th, the inventory of the factory was low, and the new order was still stable, and the price rose to 13200 yuan / T. at present, the overall pressure of propylene oxide plant was still under no pressure, However, the terminal’s resistance to high price raw materials and worries gradually show, and the downstream new single turns light, and the market mentality is more cautious and wait-and-see.

 

Regional notes on August 17 to August 21

In Shandong Province, 12650-12800 yuan / ton, 13000-13100 yuan / ton, spot exchange factory

In East China, RMB 13100-13200 / T; RMB 13300-13400 / T; cash delivery

In South China, 12700-12800 yuan / ton, 12900-13000 yuan / ton, spot exchange factory

Benzalkonium chloride

Upstream propylene, as of August 20, part of the propylene market price in Shandong rose. According to the price chart of business agency, the recent price of propylene fluctuates periodically, and the price range of recent fluctuation has broken through. At the beginning of August, the price was at the high level in the range. Since the end of the week, the price of some enterprises has been slightly up and down. On the 5th, it has been stable. From 6th to 10th, the first round of rising trend of breaking through the range of this month will be started. On the 11th, the prices of some enterprises will be generally stable. On the 14th, the prices of some enterprises will continue to decline. On the 17th, the prices will be stable, and on the 18th, they will rise partially There is an upward trend. The current market turnover is between 6950 yuan / ton and 7250 yuan / ton, and the mainstream price is about 6950 yuan / ton. Propylene manufacturers to ship smoothly, inventory without pressure.

 

According to the price monitoring data of business agency, as of August 20, the reference average price of domestic n-propanol with packaging in mainstream areas was around 12233.33 yuan / ton, up 2.8% compared with the price at the beginning of the month. As of August 20, the downstream flexible foam polyether market price range consolidation, downstream enterprises new order inquiry buying reduced, the actual order is limited.

 

3、 Future forecast

 

Propylene oxide analysts of the business agency believe that the recent high price of raw material propylene market, the cost side of the impact is limited, the factory temporarily no pressure, there is a certain support for the price, but the terminal pressure, downstream new orders follow-up and reduce, it is expected that in the short term, the propylene oxide market will be mainly high-level, and the specific trend needs to pay more attention to market information guidance.

http://www.lubonchem.com/

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