According to the monitoring data of business agency, as of July 26, the average price of propylene oxide enterprises was 9326.67 yuan / ton, down 4.18% from last Thursday (July 21), 14.43% from June 26, and 20.06% year-on-year in a three-month cycle.
| PVA |
Recently (7.21-7.26), the propylene oxide market fell. Recently, the raw propylene market fluctuated and fell, the cost support was general, and some units fell negative, but many inventories were under pressure. The downstream reduction was followed up carefully, and the market was weak. With the price falling, the market shipment situation improved, and the inventory pressure eased. On the 26th, the mainstream quotation of epoxypropane market in Shandong fell to about 7900-8000 yuan / ton.
Upstream propylene, according to the monitoring data of business news agency, on July 25, the reference price of propylene was 7314.60, a decrease of 4.77% compared with July 1 (7680.60).
Downstream propylene glycol, according to the monitoring data of business news agency, the reference price of propylene glycol was 8933.33 on July 25, a decrease of 24.72% compared with July 1 (11866.67).
According to the propylene oxide analysts of business agency, the current propylene oxide price is low, the cost side is under pressure, some devices on the supply side are reduced, the demand side is increased, and the market atmosphere has rebounded. It is expected that the propylene oxide market may stop falling in the short term.
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