According to the monitoring data of business agency, as of December 15, the average price of propylene oxide enterprises was 13966.67 yuan / ton, down 4.34% from last Wednesday (December 8), 11.60% from November 15, and 15.52% year-on-year in a three-month cycle.

the near future (12.8-12.15) the market price of propylene oxide fell. On the 8th, the market price of propylene oxide was deadlocked and stable, the price of raw propylene gradually declined, the cost support gradually weakened, the downstream demand was cold, the wait-and-see atmosphere was strong, the factory inventory pressure was small, and the price was mainly supported. With the slow increase of factory inventory, the downstream bearish mood was strong, the purchase enthusiasm was not high, and the focus of negotiation decreased , the market atmosphere was weak. On the 15th, the mainstream quotation of propylene oxide Market in Shandong was around 13350-13500 yuan / ton.

For upstream propylene, on December 14, the reference price of propylene was 7437.17, a decrease of 1.44% compared with December 1 (7545.50).

According to the monitoring data of downstream propylene glycol, as of December 14, the average ex factory price of domestic industrial propylene glycol was 17616 yuan / ton, Compared with the price on December 9, 2021 (propylene glycol reference price 16800 yuan / ton), the average price increased by 816 yuan / ton, an increase of 4.86%, and compared with the price on December 1 (propylene glycol reference price 17933 yuan / ton), the average price decreased by 317 yuan / ton, a decrease of 1.77%.

The propylene oxide analyst of business society believes that at present, the price of raw material propylene is mainly stable, the cost support is small, the factory shipment is general, the demand side is slightly insufficient, the downstream is mainly cautious and wait-and-see, and the market atmosphere is weak. It is expected that in the short term, the propylene oxide market may be dominated by weak consolidation, and more attention should be paid to the guidance of market news.