1、 Price trend
| Sodium selenite |
According to the bulk list data of business society, the domestic propylene (Shandong) market price rose slightly this week. At the beginning of the week, the market price was 7756 yuan / ton, and the weekend average price was 7782 yuan / ton, an increase of 0.33%.
2、 Analysis and review
According to the price chart of business society, propylene prices continued to rise slightly this week. The mainstream price in Shandong market was 7780-7800 yuan / ton. The manufacturer adjusted the price flexibly according to its own inventory. The market is willing to push up, but the rising power is insufficient. The inventory situation of the enterprise is acceptable, the delivery of goods is stable, and the price is stable.
As of the closing on August 26: in October, WTI fell 0.94 to US $67.42/barrel, down 1.4%; Brent fell 1.18, or 1.6%, to $71.07 a barrel in October. Sc2110 rose 3.5 yuan / barrel to 432.5 yuan / barrel. Oil prices rose in retaliation this week, up 8.5% during the week.
The price of polypropylene was stable this week, the demand of terminal enterprises continued to be insufficient, and the hoarding operation in advance in the peak season has not been started. The operating rate is low, the supply side is slightly positive, and there is no rise or fall.
| Stannous Sulphate |
Acrylic acid fell from high to low this week. Due to high prices, there was resistance to high prices in the downstream, and the enthusiasm for inquiry was general. It was mainly just in need of procurement, with a strong wait-and-see atmosphere, with a decrease of 2.14% during the week.
Isopropanol stabilized this week. After a sharp increase last week, the market sorted and operated without rise or fall.
From the demand market this week, the demand follow-up is sluggish, most downstream products are in a stable or downward channel, and the demand support is insufficient, resulting in the weak rise of propylene price.
3、 Future forecast
Propylene analysts from the chemical branch of business agency believe that with the sharp rise in crude oil prices and the arrival of the traditional peak demand season in September, the propylene market is expected to usher in a wave of price rise.
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