Propylene oxide Market Price stopped falling and rose back (11.16-11.23)

According to the monitoring data of business agency, as of November 23, the average price of propylene oxide enterprises was 13666.67 yuan / ton, up 0.49% compared with the previous trading day, down 13.50% compared with the price on Tuesday (November 16) and 24.63% compared with the price on October 23.


Recently (11.16-11.23), the market price of propylene oxide first fell and then rose. Since the 16th, the price of raw propylene has gradually weakened, the cost support has gradually loosened, the market supply is relatively loose, the downstream is mainly cautious, the procurement enthusiasm is general, the market atmosphere is cold, and the price has fallen continuously under the pressure of the factory. At the beginning of this week, with the rise in the price of raw propylene, the cost support was strengthened, the downstream terminal followed up and picked up, and the inventory was gradually digested. The price of propylene oxide stopped falling and rose. On the 23rd, the mainstream quotation of propylene oxide Market in Shandong was around 13300-13400 yuan / ton.

For upstream propylene, on November 22, the reference price of propylene was 7650.50, up 0.65% compared with last Friday, down 1.82% compared with November 16, and down 6.42% compared with November 1 (8175.50).

Downstream propylene glycol, the domestic propylene glycol market was running upward on November 22. According to the data monitoring chart of business society, the domestic propylene glycol market was running upward on November 22. The average ex factory price of propylene glycol was 18600 yuan / ton. Compared with the previous working day, the average price was increased by 300 yuan / ton, or 1.64%; Downstream soft foam polyether, the mainstream quotation of soft foam polyether market in Shandong on November 23 was around 14000-14300 yuan / ton.

The propylene oxide analyst of business society believes that at present, the price of raw propylene is rising, the cost support is rising, and the manufacturer’s shipment is relatively smooth. It is expected that the propylene oxide market may be stable and good in the short term, and more attention should be paid to the guidance of market news.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>