According to the monitoring data of the business community, as of January 6, the average price of propylene oxide enterprises was 9150.00 yuan/ton, which was the same as that on Tuesday (January 3).

This week, the epoxy propane market is in a stalemate. In the near future, the price of propylene as raw material has been largely stable and slightly changed, with little impact on the cost. The supply side started to work slightly, but the enthusiasm of downstream goods preparation was general, so we should be cautious to wait and buy. The factory shipments became weak, and the inventory slowly came under pressure. Under the supply and demand game, the market consolidated and shipped. On the 6th, the mainstream quotation of propylene oxide market in Shandong was around 8950-9100 yuan/ton.

Upstream propylene, according to the data monitoring of the business community, the domestic propylene (Shandong) market was stable and slightly moved this week, maintaining overall stability. The average price of Shandong market at the beginning of the week was 7244 yuan/ton, and the average price at the weekend was 7250 yuan/ton, with a weekly increase of 0.08%.

The propylene oxide analysts of the business community believe that the current cost support is average, the supply side is mainly stable, and the downstream reduction is wait-and-see. The market atmosphere is flat. It is expected that the propylene oxide market will operate under pressure in the short term, so more attention should be paid to the market news guidance.