Price trend

According to the data of SunSirs, as of December 4, the market of propylene oxide rose, with an average price of 10,366.67 RMB/ton, up 0.97% compared with that of December 3, and the mainstream price of propylene oxide in China was 10,300-10,500 RMB/ton on December 4.

Analysis review        

Product: Propylene oxide market rose on December 4. The market supply is tight, and there is no pressure on the manufacturers to ship. The raw material inventory in the downstream polyether market is low, and the price of propylene oxide manufacturers is mainly increased. On December 4, the cash delivery price of Shandong mainstream market of Wanhua chemical was 10,200 RMB/ton, and that of East China mainstream market was 10,500 RMB/ton. At present, the main quotation of propylene oxide Market in East China is around 10,300 RMB/ton, which is delivered by cash; the main quotation of propylene oxide Market in Shandong is around 10,200 RMB/ton, which is delivered by cash; the main quotation of propylene oxide Market in South China is around 10,100 RMB/ton, which is delivered by cash.

Industrial chain: On December 4, the upstream propylene market fell, down 1.19%; In the downstream polyether field, the actual order was limited.

Market outlook

According to the propylene oxide analysts of SunSirs, the market supply is reduced and the downstream raw material inventory is low, which drives the price of propylene oxide up. The price of propylene in the upstream raw material will go down, and the actual order in the downstream polyether yard will be limited, which will affect the price of propylene oxide to a certain extent. In the short term, the market of propylene oxide is expected to rise steadily.

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