there was no pressure at the supply end, and the propylene oxide market was rising steadily

2023-03-09by admin

  according to the monitoring data of sunsirs, the average price of propylene oxide enterprises was 10,750.00 rmb/ton by the noon of march 6, up 4.12% compared with the price on march 1 and up 17.06% compared with the price on february 6.

  analysis review

  the market of propylene oxide had risen since march. recently, the price of raw material propylene fluctuated in a narrow range, and the price of raw material liquid chlorine was strong, with limited impact of cost side. some units were shut n for maintenance, and the supply side was low and pressureless, supporting the market price rise, while the demand side remained wait-and-see. on the 6th, the mainstream price of propylene oxide market in shandong province was around 11,200-11,300 rmb/ton, and the market continued to be stronger, but the nstream sentiment for purchasing high-priced raw materials was slightly weakened.

  upstream propylene, according to the data monitoring of sunsirs, the domestic propylene (shandong) market had been in a narrow range recently. on march 3, the reference price of propylene was 7,516.60 rmb/ton, n 0.08% from that of march 1 (7,522.60 rmb/ton).

  market outlook

  the propylene oxide analyst of sunsirs believes that the current cost side has little impact, and the follow-up of demand side has weakened slightly, but the supply side is still not under pressure. it is expected that the propylene oxide market will mainly operate at a high level in the short term, and more attention should be paid to the market news guidance.

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