Price Trend
According to the price monitoring of business associations, as of June 10, the price of propylene oxide has fallen. At present, the mainstream price of propylene oxide in China is 9000-9500 yuan/ton, which is 2.81% lower than last Monday.
II. Analysis of Influencing Factors
Products: Propylene oxide market prices fell. With the resumption of pre-maintenance plants, the market supply increased slightly. The cash delivery price of Wanhua Chemistry Shandong Mainstream Market was 9200 yuan/ton on the 10th day, and that of East China Mainstream Market was 9500 yuan/ton.
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Industry chain: Upstream propylene market price increases. The terminal demand is weak, the polyether market is new and few, the hedging mood is constantly warming up, and the purchase of propylene oxide is cautious and wait-and-see.
Industry: Propylene oxide Market in the global economic growth slowdown environment, it is difficult to be alone. Essentially good and scarce, market support is weak, repeatedly refresh the low points in the year, more vacancies replacement is faster, and the difficulty factor of middleman operation is increased.
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3. Future market forecast:
According to business associations, the market for propylene oxide may be dominated by weak consolidation in the short term.
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