According to the monitoring data of the business community, as of January 31, the reference ex factory price of domestic industrial grade propylene glycol was 13266 yuan / ton, which was 33 yuan / ton lower than that on January 25 (reference price was 13300 yuan / ton); compared with that on January 1 (reference price was 12633 yuan / ton), the average price was 1933 yuan / ton higher, or 17.06%.
Since the beginning of January, the domestic industrial grade propylene glycol market has been steadily rising under the dual support of rising raw materials and low inventory. It has been running at a high level all the way to the end of January. Towards the end of the month, the propylene glycol market has been shaken and adjusted. The price of propylene oxide is weak and stable, and the support for the cost of propylene glycol is weakened. On the 27th and 28th of the end of the month, the transaction price of propylene glycol market is loose, and it is heard that the yield is 20% As of January 31, the overall market of domestic industrial grade propylene glycol was still at a high level, and the reference transaction price was around 13000-14000 yuan / ton.
On the supply side, at present, the overall start-up of propylene glycol production enterprises is low, with an operating rate of about 40%. Previously, the propylene glycol equipment maintenance of Shandong large factories was delayed, and the spot supply of secondary cargo holders was short. Although the overall inventory was low, the factory continued to actively increase orders, and began to make small profits at the end of January. The actual transaction price was loose.
In terms of demand, downstream industries continue to purchase just as they need to, while affected by transportation, the new single increment is general. At present, propylene glycol is mainly operated at a high level.
In terms of raw materials, at the end of January, there was no pressure on the delivery of propylene oxide in the factory as a whole, but the feedback from the downstream was general, the market was temporarily stable, and there was a strong wait-and-see atmosphere. At present, the inventory pressure of the factory was not large, and the market support mentality remained. The main factories kept their offer stable, but the downstream resisted high prices, and the price depression was common. The supply and demand sides played games, and the market continued to sort out and wait-and-see The average quotation price of propane enterprises was 17133.33 yuan / ton, which was flat compared with the previous trading day and the beginning of the week, and decreased by 9.35% compared with January 1 (18900.00).
Rigid demand oriented, short-term weak Operation Oriented
At present, with the gradual end of pre festival goods preparation and the stoppage of logistics in many regions, the demand for propylene glycol is weak and just needs to be supported. Therefore, it is expected that the price adjustment of domestic propylene glycol market will be limited in the short term and the weak operation will be dominant.
| Thiourea |