Tight supply December 4 propylene oxide market rose

Price trend: According to the data of the large scale list of the business agency, the market of propylene oxide rose as of December 4, with an average price of 10366.67 CNY/ton, 0.97% higher than that of December 3, and 10300-10500 CNY/ton of domestic mainstream price of propylene oxide on December 4.

Products: the market of propylene oxide rose on the 4th. The market supply is tight, and there is no pressure for manufacturers to ship. The raw material inventory in the downstream polyether market is low. The price of epoxy propane manufacturers is mostly increased, mainly for coating online coatingol.com. On April 4, the cash delivery price of Shandong mainstream market of Wanhua chemical was 10200 CNY/ton, and that of East China mainstream market was 10500 CNY/ton. At present, the main quotation of propylene oxide market in East China is around 10300 CNY/ton, which is delivered by cash; the main quotation of propylene oxide Market in Shandong is around 10200 CNY/ton, which is delivered by cash; the main quotation of propylene oxide Market in South China is around 10100 CNY/ton, which is delivered by cash. Industrial chain: the upstream propylene market fell 1.19% on April 4. On April 4, the actual order in the downstream polyether yard was limited.

Future forecast:The propylene oxide analyst of the business club believes that the market supply is reduced and the downstream raw material inventory is low, which drives the price of propylene oxide to rise. The price of propylene in the upstream raw material will go down, and the actual order in the downstream polyether yard will be limited, which will affect the price of propylene oxide to a certain extent. In the short term, the market of propylene oxide is expected to rise steadily.