Propylene oxide Market stalemate (5.20-5.25)

According to the monitoring data of business agency, as of May 25, the average price of propylene oxide enterprises was 11633.33 yuan / ton, an increase of 0.87% compared with the price on May 20, a decrease of 0.29% compared with the price on April 25, and a year-on-year increase of 1.45% in a three-month cycle.

 

Sulfamic acid 99.50%

Recently (5.20-5.25), the propylene oxide market has been in a stalemate, the quotation of enterprises is mainly stable, and the price of some enterprises has increased slightly. Recently, the market of raw material propylene has fallen, the price of raw material liquid chlorine has fallen after rising, the cost support has weakened, the supply side is mainly stable, and the inventory has accumulated slightly and slowly. However, the multi inventory pressure of manufacturers is controllable, which supports the market mentality. The downstream demand is cold, the procurement enthusiasm is weakened, and the market is in a stalemate. On the 25th, the mainstream quotation of propylene oxide Market in Shandong is around 10800-10900 yuan / ton.

 

Upstream propylene, according to the monitoring data of business society, the reference price of propylene was 8200.60 on May 24, a decrease of 2.54% compared with May 1 (8414.60).

 

Sulfamic acid 

Downstream propylene glycol, according to the monitoring data of business society, on May 24, the reference price of propylene glycol was 12733.33, an increase of 12.68% compared with May 1 (11300.00)

 

The propylene oxide analyst of business society believes that at present, the cost support is weak, the inventory on the supply side is temporarily controllable, and the demand side is cold. It is expected that the propylene oxide market may be deadlocked and weakened in the short term.

http://www.sulfamic-acid.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>