According to the monitoring data of business society, as of October 28, the average price of propylene oxide enterprises was 17200.00 yuan / ton, down 0.77% compared with October 1, and up 2.38% year-on-year in a three-month cycle.

In October, propylene oxide market rose first and then fell. After returning from the National Day holiday, the price of raw propylene was high, the cost support was strong, the market supply was tight, the downstream purchase was stable and followed up, the factory shipment was pressureless, and the market was up. In the second half of the month, the price of raw material propylene weakened, but the price of liquid chlorine operated strongly, the cost support remained, the tight supply situation continued, but the demand side was weak, and the market was deadlocked and operated at a stable price. Near the end of the month, the propylene market continued to weaken, the price of liquid chlorine fell, the cost support weakened, the market supply increased, the downstream procurement enthusiasm was general, the market atmosphere was weak, and the market fell. On the 28th, the mainstream of propylene oxide Market in Shandong was around 17000-17100 yuan / ton.

Upstream propylene, according to the bulk list data of business society, as of October 27, the reference price of propylene was 8537.17, up 5.5% compared with October 1 (8092.17). Propylene (Shandong) market continues to decline, among which the mainstream price of propylene in Shandong is 8300-8350 yuan / ton. Propylene is now in the downward channel, the downstream demand support is weak, and the wait-and-see atmosphere is strong. In particular, the main downstream polypropylene has poor recent performance, upside down market price and low start-up of enterprises.

According to the monitoring data of downstream propylene glycol, as of October 27, the average ex factory price of domestic industrial propylene glycol was 24166 yuan / ton. Compared with October 1 (propylene glycol reference price was 21100 yuan / ton), the average price increased by 3066 yuan / ton, or 14.53%; For the downstream soft foam polyether, the market price of soft foam polyether in Shandong decreased on the morning of October 28. At present, the mainstream quotation is around 17200-17500 yuan / ton.

The propylene oxide analyst of business society believes that, on the whole, the current cost support is general, and the new orders of downstream polyether have increased. It is expected that in the short term, the propylene oxide market may focus on wait-and-see consolidation, and more attention should be paid to the changes of supply and demand.