According to the monitoring data of Business Society, as of December 22, the ex-factory price of domestic industrial grade propylene glycol was referenced at 11,166 yuan/ton. , compared with December 20 (reference price 10,633 yuan/ton), the average price increased by 533 yuan/ton, an increase of 5.02%; compared with December 1 (reference price 12,633 yuan/ton), the average price decreased by 1,467 yuan / ton, a decrease of 11.61%.
The correction in raw material trends drives the propylene glycol market to finally rise
Since the beginning of this month, the domestic industrial-grade propylene glycol market has been fluctuating and falling due to the double blow of the declining market price of upstream raw material propylene oxide and insufficient downstream demand. Starting last week, individual factory quotations There are occasional upward adjustments, but always affected by insufficient demand, inventory gradually accumulates and has to be shipped at a profit. Until this week, the price of raw material propylene oxide has been adjusted back, which has driven the market price of propylene glycol to finally see a sharp rise after falling for many days. At present, in terms of supply, propylene glycol has heard that Depp Propylene Glycol may have a shutdown maintenance plan recently, and short-term market inventory is expected It may decrease, but the current inventory in the factory is still relatively abundant; in terms of demand, the downstream purchasing intensity of propylene glycol is average, the demand boost is not obvious, the direct downstream unsaturated resin production has declined, and the market trading atmosphere is relatively light; in terms of raw material costs, according to recent Judging from the trend of the raw material propylene oxide in the two days, the cost support of propylene glycol has increased significantly compared with the previous period, and the support is more powerful.
According to the monitoring data of SunSirs, as of December 22, the ex-factory price of domestic industrial grade propylene glycol was 11,166 yuan/ton, which was the same as that of December 20 (reference Compared with the reference price of 10,633 yuan/ton), the average price increased by 533 yuan/ton, or 5.02%; compared with December 1 (reference price of 12,633 yuan/ton), the average price dropped by 1,467 yuan/ton, or 11.61%.
On the upstream side, since last weekend, the domestic propylene oxide market has begun to rise steadily. Companies are undergoing maintenance, factory inventories are low, and supply is tight. Entering this week, propylene oxide supply has not improved significantly, downstream demand is good, orders have increased, and the propylene oxide market continues to rise. Currently, as of December 22, the overall trend of the domestic propylene oxide market continues to be strong. The reference price of propylene oxide is 17,800.00 yuan/ton, which is an increase of 3.6% compared with December 1 (17,166.67 yuan/ton).
Cost support and demand cannot be combined with short-term consolidation and operation of propylene glycol.
At present, the trend of the raw material propylene glycol is improving, which provides strong support for the cost of propylene glycol. However, the flat demand for propylene glycol cannot be underestimated. Therefore, propylene glycol data analysts from SunSirs believe that in the short term, the domestic propylene glycol market will mainly consolidate in a narrow range and the adjustment range will be limited.
微信扫一扫打赏
