Propylene oxide market price rose slightly this week (8.24-8.28)

1、 Price trend of propylene oxide

 

PVA

(Figure: P value curve of propylene oxide product)

 

2、 Market analysis

 

Propylene oxide market rose slightly this week. As of August 28, the average price quoted by propylene oxide enterprises was 13400 yuan / ton, up 1.52% compared with the beginning of the week, and 21.82% higher than July 28 (11000 yuan / ton).

 

At the beginning of the week (August 24), the average quoted price of propylene oxide enterprises was 13200 yuan / ton. At the beginning of the week, polyether just needed orders, and the industrial chain transmission was positive. On the 25th, there was no pressure on the propylene oxide plant, which supported the manufacturers’ market mentality. The price rose to 13266.67 yuan / ton. On the 26th, the new orders of the factory were still smooth, and the offer increased slightly to 13333.33 yuan / ton. On the 27th, the production and sales of propylene oxide plant were still under no pressure, However, the new orders slowed down slightly, the market was high, and the price of propylene oxide rose to 13400 yuan / ton. At present, the price of raw material propylene is high, and the inventory of propylene oxide plant is low. Most of the downstream companies maintain stable demand and the market transaction is gentle. The average quoted price of propylene oxide enterprises is 13400 yuan / ton, and the market is high and wait-and-see.

 

Regional remarks from August 24 to August 28

In Shandong Province, 12950-13100 yuan / ton, 13200-13300 yuan / ton, spot exchange factory

In East China, 13300-13400 yuan / ton, 13500-13600 yuan / ton, cash delivery

South China 12900-13000 yuan / ton 13100-13200 yuan / ton spot exchange factory

Upstream propylene, as of August 27, the market price of propylene in Shandong was stable again. According to the price chart of the business agency, the recent price of propylene fluctuated up and down periodically, and the fluctuation price range broke through at the beginning of the month. At the beginning of August, the price was at a high level in the range. Since the end of the week, the price of some enterprises has been slightly up and down, but it has remained stable since the end of the week. On the 5th, the prices of some enterprises have been slightly stable. From 6th to 10th, the first round of rising trend of breaking through the range of this month has been started. From the 11th to the 16th, the price has continued to decline, and on the 17th, it has been stable for more than 10 days Most manufacturers are still stable prices, the market turnover is still 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.

 

POLYVINYL ALCOHOL

According to the price monitoring data of business agency, as of August 27, the reference average price of domestic n-propanol with packaging in mainstream areas was around 11733.33 yuan / ton, down 1.4% compared with the price at the beginning of the month. At present, the downstream soft foam polyether market is in a horizontal direction, and the raw material propylene oxide is temporarily stable. The cost support is still strong. The downstream gas purchasing continues to decrease, and the factory shipment is generally.

 

3、 Future forecast

 

Propylene oxide analysts of the business club believe that the recent high price of propylene oxide Market, combined with the low inventory of propylene oxide plant, supports the mentality of manufacturers, but the downstream is generally under pressure, the new unit price is general, and the on-site wait-and-see atmosphere is strong. It is expected that in the short term, the propylene oxide market will be dominated by high-level deadlock, and the specific trend needs more attention to market information guidance.

http://www.polyvinylalcohols.com

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