According to the monitoring data of business agency, as of September 3, the average price of propylene oxide enterprises was 16133.33 yuan / ton, an increase of 0.62% compared with Monday’s price, a decrease of 4.25% compared with August 3 (the reference price of propylene oxide was 16850.00 yuan / ton), and a year-on-year increase of 8.76% in a three-month cycle.
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The propylene oxide Market stabilized first and then rose this week. At the beginning of the week, the mainstream quotation of propylene oxide Market in Shandong was around 15600-15700 yuan / ton, the factory inventory pressure was not large, the follow-up of new orders in the downstream was general, the market was flat, and it was temporarily stable. With the release of downstream demand, the factory inventory fell to a low level, the market rose, and the price rose slightly. At present, the mainstream quotation of propylene oxide Market in Shandong is around 15700-15800 yuan / ton.
Upstream propylene, according to the bulk list data of business society, as of September 3, the reference price of propylene was 7617.57, down 1.94% compared with Monday’s price. The shipment of production enterprises has improved, and the market trading atmosphere is acceptable.
Downstream propylene glycol, according to the monitoring data of business society, as of September 2, the reference price of propylene glycol was 17033.33, down 1.45% compared with August 30 (17283.33); For the downstream soft foam polyether, on September 3, the soft foam polyether market in Shandong increased slightly, the raw material propylene oxide increased slightly, the cost support was strengthened, the downstream procurement mentality was cautious, and the right amount just needed replenishment. At present, the mainstream quotation of the ordinary soft foam polyether market in Shandong is around 15700-15900 yuan / ton.
The propylene oxide analyst of business society believes that, in general, the price of raw propylene has decreased slightly, the price of liquid chlorine has remained stable as a whole, and the cost has little impact. The maintenance and load reduction supply of some manufacturers has decreased, and the downstream just needs to follow up. It is expected that the propylene oxide market may be strong in the short term, and the downstream follow-up needs to be paid more attention to the specific trend.