Propylene oxide price temporarily stabilized

According to the data of the business club’s block list, as of June 29, the average price of propylene oxide enterprises was 14800 yuan / ton, which was the same as that of the previous trading day, with a decrease of 5.33% compared with the price at the beginning of the month and 13.11% compared with the price on May 29.

Since late June, the market of propylene oxide has been steadily rising, and the price was temporarily stable on the 29th. Recently, due to the influence of logistics and start-up policy, the supply of propylene oxide has decreased, and the market is mainly on the lookout. At present, the mainstream quotation of propylene oxide Market in Shandong is around 14000-14100 yuan / ton, and the mainstream quotation of propylene oxide Market in East China is around 14200-14400 yuan / ton.

Upstream propylene, June 29, Shandong propylene market price temporarily stable. According to the monitoring data of business news agency, on June 29, the reference price of propylene was 7829.45, which was flat compared with the previous trading day, decreased by 0.03% compared with last Tuesday (June 22) and increased by 1.48% compared with the price at the beginning of the month.

According to the monitoring data of the business community, the reference price of propylene glycol on June 28 was 16066.67, which was the same as last Tuesday (June 22); On June 29, the market of soft foam polyether in Shandong was temporarily stable, and the market price was stable. The mainstream quotation of common soft foam polyether in Shandong was around 14600-14800 yuan / ton.

According to the propylene oxide analysts of business news agency, generally speaking, at present, the impact of the cost side is limited, manufacturers have no pressure, the market just needs to be traded, and mainly depends on the wait-and-see. It is expected that the propylene oxide market will be stable and strong in the short term, and the specific trend still needs to pay attention to the market information guidance.

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