First, the price trend

According to the data of the business community’s big list, domestic propylene (East China) rose this week. The average price of domestic enterprises at the beginning of the week was 9261.11 yuan / ton / ton, and the average domestic enterprise price at weekend was 9511.11 yuan / ton. The price rose during the week. 2.7%.

Second, analysis and review

Products: Domestic propylene (East China) prices continued to rise this week. At present, some enterprise equipment maintenance has led to a decrease in the supply of enterprises, the overall inventory is low, the propylene inflow in the peripheral area is still small, and the propylene market maintains a tight pattern. As of the end of this week, the mainstream price of the East China propylene market is 9450-9500 yuan / ton. Next week, Changyi Petrochemical, Qingdao Anbang, Haike Ruilin and Hualian Petrochemical will all face driving, and the tight supply situation will be eased.

Industry chain: upstream crude oil market, international oil prices fell. The downstream polypropylene powder shipments were not smooth, and the futures oscillated downward, which inhibited the propylene price. However, the market for acrylonitrile, propylene oxide, butanol and epichlorohydrin remains strong, and it provides strong support for high-propylene operation in terms of profitability and operating rate.

Third, the market outlook

The propylene analyst of the business branch of the chemical industry believes that the current propylene liquidity is still at a tight level, the refinery shipments are smooth, the international oil price declines and the powder shipments are not smooth, which makes the market continue to push up the momentum, and the propylene market is consolidating at a high level. the Lord.