According to the data of the business club’s block list, as of May 21, the average quotation price of propylene oxide enterprises was 18133.33 yuan / ton, down 2.51% compared with the price at the beginning of the week, down 0.55% compared with April 21, and up 94.29% compared with the same period last year.
This week, the propylene oxide market fell first and then stabilized. At the beginning of the week, the propylene oxide market was weak, and the purchasing attitude of the middle and lower reaches was cautious. With the sharp reduction of the price, the downstream inquiry enthusiasm increased, and the market delivery improved. With the relief of the inventory pressure of the representative factory, the price stopped falling and became stable. At present, the purchasing enthusiasm of the downstream is general, but there is no big pressure on the factory inventory. The supply and demand game, and the market is temporarily stable, On the 21st, the mainstream price of propylene oxide Market in Shandong was around 17800-17900 yuan / ton, and that in East China was around 18000-18200 yuan / ton.
Upstream propylene, as of May 20, Shandong propylene market prices down again. According to the price chart of the business association, the propylene price in Shandong continued to rise in the first ten days of April, fell sharply in the last ten days, and remained stable at the end of the month. During the May Day period, the first two days continued to be stable. From the 3rd to the 7th, the daily price went up by about 50 yuan / ton. From the 9th, the price was mainly stable. After a small rise on the 13th, the price stabilized again. From the 17th, the daily price began to go down by 50 yuan / ton. From the 19th to the 20th, the daily price fell by about 100 yuan / ton. Now, the market transaction is between 8050 yuan / ton and 8300 yuan / ton, and the mainstream price is about 8050 yuan / ton.
The downstream propylene glycol, according to the monitoring data of the business community, as of May 21, the reference ex factory price of domestic industrial grade propylene glycol was 17200 yuan / ton, compared with the reference price of 18066 yuan / ton on May 14, the average price decreased by 866 yuan / ton, down 4.61% on the seventh day; As for downstream soft foam polyether, as of May 21, the market range of soft foam polyether in Shandong was sorted out, the price of raw material propylene oxide was temporarily stable, the downstream inquiry enthusiasm declined, and the market was mainly cautious and wait-and-see. At present, the mainstream quotation of common soft foam polyether in Shandong is around 17950-18100 yuan / ton.
Business community propylene oxide analysts believe that at present, propylene raw material operation is weak, cost support is weakened, market supply and demand game, industry mentality is cautious, it is expected that in the short term, propylene oxide market may be deadlocked finishing operation, more specific trends still need to pay attention to market information guidance.
| Thiourea |