According to the monitoring data of the Business News Agency, as of February 27, the average price of propylene oxide enterprises was 10150.00 yuan/ton, up 10.53% from February 1.

The market of propylene oxide rose in February. In the first ten days, the cost support was strong, individual devices at the supply side were slightly negative, the factory shipments were general, the inventory was slightly accumulated, but there was no pressure for the time being, supporting the market rise, and the demand was flat and wait-and-see. In the middle of the year, the market fell first and then rose, with some support on the cost side. The supply side devices fluctuated little, the factory shipments were weak, some accumulated inventory, and the market wait-and-see weakened. With the centralized replenishment after the downstream terminal wait-and-see, the market price rose. The market rose steadily in the last ten days. Near the end of the month, some devices at the supply end were overhauled, the market supply was reduced, and the demand end was waiting to follow up. In addition, the liquid chlorine at the raw material end was up at the weekend, and the propylene oxide market was operating strongly.

Upstream propylene, according to the bulk list data of the Business News Agency, the reference price of propylene was 7490.60 on February 24, down 0.53% from February 1 (7530.75).

The propylene oxide analyst of the business agency believes that the current cost support is still there, the supply side is not pressured, and the downstream is waiting to follow up. It is expected that the propylene oxide market will be strong in the short term, and more attention should be paid to the market news guidance.