According to the monitoring data of Business News Agency, as of January 13, the average price of propylene oxide enterprises was 9150.00 yuan/ton, up 0.73% from Monday’s price.

The epoxy propane market rose slightly this week. Recently, the price of raw material propylene rose, and the cost support increased. At the beginning of the week, part of the initial inventory was digested, the supply side was pressureless, and the downstream volume was followed up. The market atmosphere warmed up, and the focus of epoxy propane negotiation moved up. With the factory shipments weakened, the market price stabilized. On the 13th, the mainstream price of epoxy propane market in Shandong was around 9000-9100 yuan/ton.

Upstream propylene, according to the data monitoring of Business News Agency, the domestic propylene (Shandong) market has risen slightly recently. On January 12, the reference price of propylene was 7282.60, up 0.52% compared with January 1 (7244.60).

The epoxy propane analyst of the business agency believes that there is some support on the cost side at present, there is no pressure on the supply side for the time being, and the downstream purchasing sentiment has weakened. It is expected that in the short term, the epoxy propane market will probably stagnate, and more attention should be paid to the market news guidance.