Propylene oxide prices have been on the rise for a long time

2020-2021 Price trend chart of Propylene oxide market in China

From the middle and late October to November 20, the domestic propylene oxide market experienced a downward trend of almost one month. The ex-factory price of Shandong spot exchange dropped from 18,600 CNY/ton to 13,200 CNY/ton, with a cumulative downward trend of 5,400 CNY/ton, up to 29.03%.

It is the second low point after the lowest point of 12,850 CNY/ton in mid-June of this year. After the downstream terminal customers wait and see ciPRO price profits have fallen significantly, near the end of the month concentrated replenishment purchasing, the market has stopped falling rebound, recently continuous small rebound.

Last week, the domestic market of epoxy propane wide straight back down after 14000 CNY/ton, and downstream terminal increased attention to the market, the inquiry atmosphere gradually recovered whole, and because the price of the raw material propylene, liquid chlorine line along the way, the cost of surface, the strengthened support wait-and-see ciprofloxacin, price has dropped to 13200 CNY/ton, the downstream polyether manufacturer shop overall quantity.

At the beginning of this week, Terminal customers also have centralized replenishment to follow up dynamic, a number of polyether manufacturers new single over 1000, the market trading atmosphere improved. The industrial chain originally concentrated on cyprol and polyether manufacturers' inventory began to transfer to the downstream digestion, the pressure of the upstream raw material side reduced, cyprol manufacturers more limited delivery, the offer began to rebound.

In the rebound up market, the end customer follow-up is better than expected, although the overall trend of gradual decline in the week, but the second three days can still have some manufacturers over 1000, and there is a certain amount of continuation every day. Investigate its reason.

 on the one hand, the early one month the downstream market, the wide end users to more cautious wait-and-see, panic for low, just need to follow up only a small amount, during a long time no replenishment, the raw material inventory is low, on the other hand is watching the ring c prices relatively low profits, a short time can keep the upward trend, some customers moderately small stock up.

Up to now, the overall inventory of cyprol supply devices is running at a low level. Although the terminal follow-up has fallen significantly, the downstream polyether manufacturers have received large orders in the early stage, so they can still maintain moderate purchasing. The cyprol market continues to rise slightly over the weekend.