Price trend
On March 19th, the propylene oxide market remained stable. The mainstream price in Shandong region was approximately 7,750-7,850 RMB/ton.
Analysis review
On the supply side, after the load reduction of Lihua Yi equipment, there was temporarily no available quantity for sale, and there was a maintenance plan for Sanyue equipment. As of March 19th, the market inventory has decreased.
On the raw material side, the price of liquid chlorine continued to rise, with high costs under pressure and market prices remaining firm.
Market outlook
It is expected that the propylene oxide market will mainly consolidate in the later stage.
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