According to the monitoring data of business agency, as of March 28, the average price of propylene oxide enterprises was 12233.33 yuan / ton, up 1.66% from last Monday (March 21), 5.46% from February 28, and 7.00% year-on-year in a three-month cycle.

Propylene oxide (propylene oxide) market rose steadily. Last week, the price of raw propylene stopped falling and rose, the cost support was gradually strengthened, the negative state of many devices was reduced, the inventory of manufacturers was controllable, the enthusiasm of downstream procurement was not high, the price rose, the demand side was cold, the increase was restrained, and the price operated smoothly. On the 28th, the mainstream quotation of propylene oxide Market in Shandong was around 11800-12000 yuan / ton, and the market trading atmosphere was general.

Upstream propylene, according to the data monitoring of business agency, the market price of domestic propylene (Shandong) stopped falling and rising this week (3.21-3.25). At the beginning of the week, the market price was 8259 yuan / ton, and the average price at the weekend was 8408 yuan / ton, an increase of 1.81%.

For downstream propylene glycol, on March 25, the reference price of propylene glycol was 14500.00, a decrease of 9.56% compared with March 1 (16033.33).

The propylene oxide analyst of business society believes that at present, the raw material propylene market is weak, the cost side drags down the market mentality, and the supply side is still supported, but the demand side is weak, coupled with a certain impact on logistics, it is expected that the propylene oxide market may be weak and wait-and-see in the short term.