According to the monitoring data of business agency, as of April 21, the average price of propylene oxide enterprises was 11666.67 yuan / ton, up 0.86% from Monday, down 3.05% from March 21, and up 2.64% year-on-year in a three-month cycle.

The propylene oxide market rose this week. Recently, the price of raw material propylene has been adjusted and operated, the price of liquid chlorine has increased, and the cost pressure is obvious, which supports the price support mentality of manufacturers. The supply side is mainly stable, the demand side is generally in general, and the focus of market negotiation has increased slightly. On the 21st, the mainstream price of propylene oxide Market in Shandong is around 11100-11300 yuan / ton.

Upstream propylene, on the 20th, the propylene market was recently consolidated and operated. The mainstream price of propylene in Shandong was 8450-8550 yuan / ton. The overall upward trend of crude oil on the cost side has played a certain supporting role for propylene, but the cost pressure of downstream polypropylene has not decreased, the demand is flat, and the commencement is limited. At the same time, other downstream products of propylene are in general, and the propylene market is deadlocked under the drag of demand.

For downstream propylene glycol, on April 20, the reference price of propylene glycol was 11600.00, a decrease of 17.92% compared with April 1 (14133.33).

The propylene oxide analyst of business society believes that at present, the cost support is strong, and the supply and demand support is slightly weak to restrain the increase. However, with the replenishment demand in the downstream before May Day, it is expected that the propylene oxide market may be sorted out in the short term, and more attention should be paid to the changes of raw material prices.