According to the monitoring data of business agency, as of September 29, the average price of propylene oxide enterprises was 17333.33 yuan / ton, an increase of 8.11% compared with September 1 (the reference price of propylene oxide was 16033.33 yuan / ton), and a year-on-year increase of 17.12% in a three-month cycle.

The propylene oxide market rose slightly in September. In the first ten days, as the inventory fell to a low level, the factory made a strong market offer, and the downstream new orders were general. It just needed passive follow-up, and the price rose slightly. In the middle of the year, under the influence of the “double control” policy, the manufacturers reduced the load or stopped the car to varying degrees, the overall market supply was reduced, the transaction was improved, and the price rose again. In the last ten days, some units operated at low load, and the market supply was still tight. The tight balance between supply and demand drove the market upward. Near the end of the month, the production restriction policy affected the propylene oxide and downstream start-up load. The market was relatively stable, the overall trading atmosphere was general, and the market operated smoothly.

Upstream propylene, according to the bulk list data of business society, as of September 28, the reference price of propylene was 7965.67, up 3.6% compared with September 1 (7688.55).

According to the monitoring data of downstream propylene glycol, as of September 28, the reference price of propylene glycol was 21100.00, an increase of 23.63% compared with September 1 (17066.67); For the downstream soft foam polyether, on September 29, the soft foam polyether market in Shandong became lower. At present, the mainstream quotation is around 17300-17700 yuan / ton.

The propylene oxide analyst of business society believes that, on the whole, the current cost impact is limited, the follow-up of new downstream polyether orders is general, and the overall market atmosphere is weak. 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 in supply and demand.