This week, the market price center of propylene oxide in China has shifted upward (9.15-9.19)

September 19, News

Price influencing factors:

On the raw materials front: This week, the price of propylene—a key raw material—rose, providing strong cost support for propylene oxide and pushing market prices higher. According to the market analysis system, as of September 19, the benchmark price for propylene stood at 6,730.75 CNY per ton, up 1.01% from the beginning of the month (6,663.25 CNY per ton).

Demand side: The rigid demand from the terminal downstream for propylene oxide is driving inventory replenishment. There has been an increase in new order volumes at polyether factories, and the procurement atmosphere for propylene oxide is positive. It is expected that the market price of propylene oxide in China will mainly remain stable in the near term.

Future Market Prediction:

Epoxy propane analysts believe that the high-end support for epoxy propane raw materials is still acceptable, and the downstream market is actively purchasing, with a positive trading atmosphere, leading to an upward shift in market price levels. It is expected that in the short term, the epoxy propane market will mainly show a slightly strong trend, with more attention needed on the changes in raw material prices and the supply and demand dynamics of the upstream and downstream sectors in China.