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 5.15% compared with October 23 and 0.77% compared with September 28.

Propylene oxide market fell this week. At the beginning of the week, the raw material propylene market weakened, the liquid chlorine price decreased, the cost support weakened, the market supply increased, the downstream procurement enthusiasm was not high, the market atmosphere was weak, the factory slowly accumulated the warehouse, and the price fell under pressure. On the 28th, the propylene oxide Market in Shandong continued to decline, and the mainstream quotation was around 17000-17100 yuan / ton.

In terms of index, the propylene oxide commodity index on October 27 was 108.30, the same as yesterday, down 13.43% from the highest point of 125.10 in the cycle (2021-03-28), and up 159.71% from the lowest point of 41.70 on January 25, 2016. (Note: the period refers to the period from September 1, 2011 to now)

Upstream propylene, Shandong propylene market fell this week. According to the bulk list data of business society, as of October 27, the reference price of propylene was 8537.17, down 11.35% from October 23 and up 3.71% from October 1.

For 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 (the reference price of propylene glycol was 21100 yuan / ton), the average price increased by 3066 yuan / ton, or 14.53%; Downstream n-propanol, according to the data monitoring chart of business society, on October 28, the domestic n-propanol market mainly operated upward, and the average ex factory price of n-propanol was 8866 yuan / ton. Compared with the previous working day, the average price increased by 333 yuan / ton, or 3.91%; 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 at present, the cost support is general, the downstream market atmosphere has improved, and the propylene oxide plant mainly digests the inventory. It is expected that the propylene oxide market may wait and see for consolidation and operation in the short term.