Monthly Archives: August 2022

Propylene oxide market rose (8.22-8.26)

According to the monitoring data of business agency, as of August 26, the average price of propylene oxide enterprises was 9000.00 yuan / ton, up 0.75% compared with the price on Monday, down 3.50% compared with the price on July 26, and down 22.64% year-on-year in a three-month cycle.

 

This week, propylene oxide market rose. Recently, the market price of raw material propylene has been adjusted in a narrow range. At the beginning of the week, the cost support was general, the supply side was mainly stable, the downstream purchasing enthusiasm was not high, and the cautious wait-and-see was the main reason. The market atmosphere was flat and the transaction was limited. With the rebound of raw material liquid chlorine, the cost support was strengthened, the supply side support was acceptable, and the market attitude was strong. On the 26th, the mainstream quotation of propylene oxide Market in Shandong was around 9100-9200 yuan / ton.

 

According to the data monitoring of the business agency, the reference price of propylene in the upstream was 6834.60 on August 25, a decrease of 6.99% compared with that on August 1 (7348.60).

 

According to the monitoring data of the business agency, the reference price of propylene glycol in the downstream was 8966.67 on August 25, an increase of 16.2% compared with that on August 1 (7716.67).

 

The propylene oxide analyst of business club believes that the current price of raw material propylene is rising, the cost support is rising, the supply and demand support is acceptable, and the market trading atmosphere is weak. It is expected that in the short term, the propylene oxide market will be stable and wait and see. More attention should be paid to market information and guidance.

http://www.lubonchem.com/