According to the monitoring data of business agency, as of July 27, the average price of propylene oxide enterprises was 16800 yuan / ton, down 9.07% compared with July 21 (the reference price of propylene oxide was 18475 yuan / ton), up 16.94% compared with June 27, and down 10.95% year-on-year in a three-month cycle.

In mid and early July, the propylene oxide market was strong and upward, with an increase of 23.99%. Since late July, propylene oxide market has weakened. Recently, the representative factory slowly accumulated the warehouse, and the market supply tended to be loose. In addition, the price pressure in the middle and lower reaches was obvious, and the focus of market negotiation gradually decreased. On the 27th, the mainstream quotation of propylene oxide Market in Shandong was around 16300-16500 yuan / ton.

Upstream propylene, according to the bulk list data of business society, the recent (7.21-7.27) domestic propylene (Shandong) market rose slightly, with the average market price of 7768.55 yuan / ton on the 21st and 7824.91 yuan / ton on the 27th, an increase of 0.73%.

According to the monitoring data of downstream propylene glycol, as of July 27, the ex factory price of domestic industrial propylene glycol was 16533.33 yuan / ton, down 4.98% from July 21 (propylene glycol reference price was 17400 yuan / ton); For the downstream soft foam polyether, the soft foam polyether market in Shandong fell on July 27. The raw material propylene oxide was purchased with caution. At present, the mainstream quotation of ordinary soft foam polyether market in Shandong is around 16500-16800 yuan / ton.

The propylene oxide analyst of business society believes that, in a comprehensive view, the impact of the current cost side is not great, the supply side is becoming loose, the downstream market is depressed, the demand side temporarily drags down the market, and the market wait-and-see mood is strong. It is expected that in the short term, the propylene oxide market may be dominated by weak operation, and more specific trends still need to pay attention to the downstream follow-up.