According to the data of the bulk list of business agencies, the average price of propylene oxide enterprises as of June 7 was 14300 yuan / ton, down 8.53% compared with the price at the beginning of the month, 25.65% lower than that on May 7, and 24.60% year-on-year in three months.

In May, the propylene oxide market fell, and the market continued to decline in June. In recent years, the overall operating rate of propylene oxide is high, and the supply side is abundant, but the demand side is not followed up enough. In the process of price decline, the downstream risk aversion mood is heavy, the market is more waiting and waiting, the pace of investment slows down, and the focus of market negotiation gradually decreases. At present, the mainstream quotation of epichlorohydrin market in Shandong Province is about 13500-13700 yuan / ton, while that in East China is about 13700-13900 yuan / ton.

The upstream propylene price rise in Shandong Province decreased by June 4. According to the price chart of the business agency, the propylene price in Shandong Province rose continuously in May, then fell in a shock and fell, and the end of the month continued to decline. The price continued to decline in early June. After a substantial increase of 150-250 yuan / ton on the 3rd, today, the price continued to rise slightly, with the range of 50 yuan / ton. The current market transaction rose to 7850-8250 yuan / ton, with the mainstream price of about 8050 yuan / ton.

According to the monitoring data of business society, the reference price of propylene glycol was 16000.00 on June 4, which was the same as that of June 1; Downstream soft foam polyether, as of June 7, Shandong soft foam polyether market was arranged in horizontal market, with general market investment atmosphere. On July 7, the mainstream quotation of ordinary soft foam polyether market in Shandong was 13800-14000 yuan / ton.

According to the analysts of propylene oxide of business agency, the current cost side impact is limited, and the factory has a strong intention to stop falling. However, the downstream purchasing mentality is cautious and the basic aspect of market supply and demand is still weak. It is expected that in the short term, the propylene oxide Market will be weak and stable operation as the main, and more attention should be paid to the market information guidance for specific trends.