The market situation of epoxy propane is mainly stable (4.20-4.24)

According to the Commodity Market Analysis System of the Business Society, as of April 24th, the average price of epoxy propane enterprises was 9465.00 yuan/ton, which is unchanged compared to last Thursday (April 20th).

 

Thiourea

The recent market situation of epoxy propane is mainly stable. Recently, the price of raw material propylene has been weak, and the cost support has weakened. Last Thursday, factory shipments slightly increased, and downstream wait-and-see has followed up appropriately. On the weekend, some downstream companies just need to stock up before the holiday, and inventory pressure has eased. The epoxy propane market is mainly stable and wait-and-see. At the beginning of this week, downstream companies remained the main follower, and the market trading atmosphere is still good. On the 24th, the mainstream quotation for epoxy propane in the Shandong region was around 9550-9700 yuan/ton.

 

Upstream propylene, according to the commodity market analysis system of the business community, the recent price of propylene in Shandong has fallen. On April 21, the reference price of propylene was 7110.60, down 0.39% compared with April 1 (7138.60).

 

The epoxy propane analyst at Business Society believes that the current cost support is average, and the supply side operates without pressure, which has some support for the market. Downstream companies are still following up, and it is expected that the epoxy propane market may rise in the short term and wait and see for consolidation and operation. More attention needs to be paid to market news guidance.

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