1、 Price trend

According to the monitoring data of business news agency, as of June 30, 2021, the domestic reference price of ethylene propylene diene monomer Jihua 4045 remained at 26000.00 yuan / ton, which was the same as the price of the previous working day, the same as the price of last Tuesday, and the price decreased by 1.64% compared with May 30.

2、 Market analysis

On Wednesday, the EPDM production plant was in normal operation, the ex factory price was slightly adjusted without big change, the traders had good inventory and stable quotation, and the price of Jihua 4045 ethylene propylene rubber was stable at 26000.00 yuan / ton; Sinopec Mitsui 4045m, 3092pm, 3062em, 3110m and other specifications of ethylene propylene rubber market quotation is stable 25500.00 yuan / ton; The demand of downstream users is not strong, and the market trading atmosphere is flat. The overall market price showed a downward trend of shock.

upper reaches:

According to the price chart of the business club, after the Dragon Boat Festival, Shandong propylene market was put into operation, and the market turnover rose to 7600 ~ 7900 yuan / ton, with the mainstream price around 7900 yuan / ton. Mainstream manufacturers offer unchanged, low-end prices increased. Propylene market is expected to rise in the near future.

According to the monitoring data of the business community, the external market of ethylene has risen recently, the demand of the whole external market of ethylene is good, the purchasing atmosphere is active, the transaction is good, and the focus of ethylene market is gradually moving up. The market is optimistic about the crude oil market, and business community data analysts expect that the external price of ethylene will rise next.

3、 Future forecast

According to EPDM analysts, the driving force of upstream propylene cost is not strong, and the ethylene market is on the rise, but the impact on the price of EPDM is weak due to the weak demand of downstream users; EPDM market trading atmosphere is weak, manufacturers and users are in a stalemate and wait-and-see stage. It is expected that EPDM market will fluctuate slightly and stabilize in the near future.