According to the monitoring data of the business community, as of October 26, the average price of propylene oxide enterprises was 9833.33 yuan/ton, 1.03% higher than that on Friday (October 21), 2.32% lower than that on September 26, and 5.43% higher than that on a three-month cycle.
| Thiourea |
From the perspective of supply and demand: On the 21st, with the increase of demand side procurement, factory shipments improved, the early inventory was digested, and the market atmosphere was warmer. On Monday, market shipments turned weak, the enthusiasm of downstream procurement decreased, and the supply side fluctuated slightly. On the demand side, the market atmosphere was weak. On the 26th, the mainstream quotation of propylene oxide market in Shandong was around 9550-9650 yuan/ton.
On October 25, the reference price of upstream propylene was 7426.60, a decrease of 2.55% compared with October 1 (7620.60). Recently, the raw propylene market has been dominated by consolidation, and the cost is generally supported by the propylene oxide market.
At present, the cost support is limited, the supply support is average, and the demand side is weak. It is estimated that in the short term, the market situation of propylene oxide will be stagnant and weak, so more attention should be paid to the market news guidance.
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