According to the monitoring data of business agency, as of March 16, the average price of propylene oxide enterprises was 12116.67 yuan / ton, down 2.28% from last Wednesday (March 9), 0.41% from February 16, and 9.58% year-on-year in a three-month cycle.

The market price of propylene oxide has fallen recently. Last Wednesday, the price of raw propylene was high, the cost support was obvious, the supply was mainly stable, the downstream demand was general, and the price operated strongly under the strong cost support. With the gradual decline of the price of raw propylene, the cost support was gradually weakened, the market supply was abundant, the demand side was cold, and the market price of epoxypropane was low, On the 16th, the mainstream quotation of propylene oxide Market in Shandong was around 11100-11300 yuan / ton.

For upstream propylene, on March 15, the reference price of propylene was 8544.17, up 1.31% compared with March 1 (8433.83).

Downstream propylene glycol, according to the data monitoring chart of business society, on March 15, the domestic propylene glycol market was mainly stable, and the average ex factory price of propylene glycol was 15233 yuan / ton, which was basically the same as that of the previous working day.

The propylene oxide analyst of business agency believes that at present, the price of raw material propylene has fallen, the cost support has weakened, the supply side has more negative operation, the downstream demand performance is cold, and the market trading in some regions has been delayed and limited. It is expected that the propylene oxide market may be calm and wait-and-see in the short term.