According to the monitoring data of business agency, as of August 13, the average price of propylene oxide enterprises was 17025 yuan / ton, an increase of 0.15% compared with Monday’s price, an increase of 5.31% compared with July 13 (the reference price of propylene oxide was 16166.67 yuan / ton), and a year-on-year decrease of 11.94% in a three-month cycle.

The propylene oxide market rose slightly this week. At the beginning of the week, the inventory of propylene oxide factory was low, and the manufacturers maintained a strong market mentality, but the downstream polyether market performed generally, the market trading rhythm slowed down, and the price operated stably under the supply-demand game, mainly waiting and sorting. With the improvement of downstream polyether orders, propylene oxide manufacturers were pressureless, the market transaction was active, and the price rose slightly. On Friday, the market digested and sorted out and operated stably, At present, the mainstream quotation of propylene oxide Market in Shandong is around 16700-16800 yuan / ton.

Upstream propylene, according to the bulk list data of business society, as of August 12, the reference price of propylene was 7723.09, an increase of 0.95% compared with Monday’s price. Downstream procurement enthusiasm has been improved, and the market trading atmosphere is acceptable.

Downstream propylene glycol, according to the monitoring data of business society, as of August 12, the reference price of propylene glycol was 17066.67, which was the same as that on Monday; For the downstream soft foam polyether, on August 13, the market situation of soft foam polyether in Shandong was temporarily stable. The downstream purchasing mentality was cautious and the buying gas was light. At present, the mainstream quotation of ordinary soft foam polyether in Shandong is around 16700-17000 yuan / ton.

The propylene oxide analyst of business society believes that, in general, the price of raw propylene has increased slightly, the cost impact is limited, the manufacturers are still not under pressure, and the downstream purchasing sentiment is general. It is expected that in the short term, the propylene oxide market may focus on wait-and-see consolidation, and more specific trends still need to pay attention to the market news guidance.