Price Trend
According to the price monitoring of business associations, propylene oxide is rising actively today. At present, the main price of propylene oxide in the market is around 9800-10200 yuan/ton, up 1.01% compared with last Friday.
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II. Analysis of Influencing Factors
Products: Last week, the propylene oxide market bottomed out and rebounded. Propylene oxide factory shipments improved, low turnover volume, inventory digestion to a low level, strong market intention, and positive increase in the offer. Today, Wanhua East China quotes 10,200 yuan/ton and Shandong 9,900 yuan/ton.
Industry chain: The weak market trend of raw propylene and liquid chlorine leads to insufficient cost support for propylene oxide. In addition, the upstream market is strong in the north and weak in the south, and the regional supply-demand contradiction is uneven, which restricts the action of propylene oxide market.
3. Future market forecast:
The propylene oxide Market is expected to grow steadily in the short term.
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