According to the monitoring data of business society, as of July 8, the factory price of domestic industrial grade propylene glycol was 16433 yuan / ton, and the average price increased by 367 yuan / ton, or 2.28% compared with the price on July 1.

According to the monitoring data of business society, the average factory price reference of domestic industrial grade dimethyl carbonate is 6666 yuan / ton, and the average price is up 133 yuan / T, up 2.04% compared with that of july6,2021 (reference price of 6533 yuan / ton). Compared with the price of july1,2021 (reference price of 6866 yuan / ton), the average price is down 200 yuan / ton, down 2.91%.

From the data monitoring chart of business society, it can be seen that from the late June, the trend of domestic propylene glycol and dimethyl carbonate has been contrary to that of raw material epichlorohydrin. In late June, the raw material epichlorohydrin market was reversed, while the prices of propylene glycol and dimethyl carbonate both declined at the end of the month, and the overall price was weak. In early July, the market of propylene glycol and dimethyl carbonate kept in line with each other, and continued to maintain weak operation. Until July and August, propylene glycol led to a rebound in the market of dimethyl carbonate.

In terms of propylene glycol, since July 6, the domestic propylene glycol market has been operating at a high level for three consecutive days. At present, the in-house export has performed well. Therefore, the propylene glycol plant has low inventory, low supply pressure and obvious intention of price fixing. In terms of demand, downstream just need to purchase primarily, recently the market has been increasing, and the stock is relatively positive.

In terms of dimethyl carbonate, the market of dimethyl carbonate has been rising in recent two days, and the high-end quotation has risen to 7100 yuan / ton. The downstream demand is mainly maintained, the overall trading climate is general, and there is no obvious pressure on the supply side.

In the upstream of propylene oxide, in early June, the market of propylene oxide was significantly lower than that in the late June. After falling to a low point, the market of propylene oxide began to rise steadily in late June. In July, the price of propylene oxide continued to rise steadily. On July 7, the 240000t po/mtbe unit of Wanhua chemical epichlorohydrin was operated stably, with the customers of self-use and supply contract as the main part. The latest ex factory quotation was RMB 16800 / T, and the actual transaction price was mainly negotiated.

Post market forecast

In terms of propylene glycol, at present, propylene glycol inventory is low, and under the support of tight supply, it is expected that the market will mainly be strong operation in the short term. In terms of dimethyl carbonate, at present, there is no obvious pressure on the supply side of dimethyl carbonate, downstream demand continues, just need to purchase, and the trading atmosphere in the yard is general. It is expected that in the short term, the market of dimethyl carbonate will be adjusted mainly in a narrow range.