According to the monitoring data of business agency, as of August 27, the average price of propylene oxide enterprises was 16033.33 yuan / ton, down 2.68% compared with Monday’s price, down 4.56% compared with July 27 (the reference price of propylene oxide was 16800 yuan / ton), and down 5.87% year-on-year in a three-month cycle.

The propylene oxide market first fell and then rose this week, and the overall trend fell. At the beginning of the week, the factory inventory increased slowly, the follow-up of new orders in the downstream was general, the enterprise made profit and shipped, the focus of market negotiation decreased, the orders just needed in the downstream began to release, the manufacturer’s inventory pressure gradually eased, the price stopped falling and stabilized. With the smooth reduction of inventory in the market, the middle and downstream followed up on demand, and the price rose slightly. At present, the mainstream quotation of propylene oxide Market in Shandong is around 15600-15700 yuan / ton.

Upstream propylene, according to the bulk list data of business society, as of August 26, the reference price of propylene was 7786.73, an increase of 0.39% compared with Monday’s price. The shipment of production enterprises was stable and the market wait-and-see atmosphere was strong.

Downstream propylene glycol, according to the monitoring data of business society, as of August 26, the reference price of propylene glycol was 16700.00, an increase of 0.6% compared with August 1 (16600.00); For the downstream soft foam polyether, on August 27, the market range of soft foam polyether in Shandong increased, the raw material propylene oxide increased slightly, the cost support increased, and the market waited and saw finishing. At present, the mainstream quotation of ordinary soft foam polyether in Shandong is around 15700-15900 yuan / ton.

The propylene oxide analyst of business society believes that, in general, the price of raw propylene has increased slightly, the price of liquid chlorine has decreased, the cost support is limited, the manufacturer’s inventory has gradually decreased, the market trading is stable, which supports the manufacturer’s mentality. It is expected that the propylene oxide market may operate stably and strongly in the short term. More specific trends still need to pay attention to the downstream follow-up.