According to the monitoring data of the business community, as of December 13, the average price of propylene oxide enterprises was 9162.50 yuan/ton, 1.38% higher than that of last Tuesday (December 6), and 0.27% higher than that of December 1.
| Thiourea |
Recently, the epoxy propane market has risen slightly. From the perspective of cost: recently, the price of raw propylene market has stopped falling and risen, and the cost support has turned from weak to strong. From the perspective of supply and demand: in the early stage, the supply side devices were mainly stable, the inventory was slightly accumulated, the downstream demand was flat, and the market was weak. At the end of last week, the supply side devices fluctuated for a short time, and the downstream part followed up. The factory shipments rebounded, the inventory pressure was reduced, and the price rose. On the 13th, the mainstream quotation of the propylene oxide market in Shandong was around 8650-8800 yuan/ton.
On December 13, the upstream propylene market price in Shandong rose. On December 12, the reference propylene price was 7430.60, down 3.38% compared with December 1 (7690.60).
The propylene oxide analysts of the business community believe that at present, the raw propylene is running strongly, the cost support is improving, the factory shipment is OK, and the demand side is waiting to follow up. It is expected that the propylene oxide market will run stably and strongly in the short term, so more attention should be paid to the market news guidance.
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