This week, the market price of propylene oxide in China has slightly increased (9.1-9.5)

September 05, News

This week, the market price of propylene oxide in China rose slightly. According to the monitoring system, as of September 5th, the benchmark price of propylene oxide was 7,550 CNY/ton, an increase of 1.34% compared to the beginning of the month.

Price influencing factors:

On the raw materials front: This week, the price of propylene—a key raw material—rose, providing strong cost support at higher levels, which in turn led to a slight increase in the price of propylene oxide. According to the market analysis system, as of September 4, the benchmark price for propylene stood at 6,678.25 CNY per ton, up 0.23% from the beginning of the month (6,663.25 CNY per ton).

Supply side: Propylene oxide inventory in China has decreased, providing more support to the market price of propylene oxide, resulting in a slight upward fluctuation in prices.

Demand side: As the downstream demand for propylene oxide in China follows at low levels, the volume of new orders in the market has increased, and companies are experiencing smooth sales. It is expected that the price of propylene oxide in China will mainly fluctuate within a narrow range in the near future.

Future Market Prediction:

Epoxy propane analysts believe that the supply of epoxy propane in the Chinese market is tight, with raw material prices rising. In addition, the downstream market is actively purchasing at low points, creating a positive trading atmosphere and shifting the market price center upward. It is expected that in the short term, the epoxy propane market in China may mainly experience narrow fluctuations, and more attention should be paid to changes in raw material prices and supply and demand dynamics in the upstream and downstream sectors.