According to the monitoring data of business society, as of July 13, the factory price of domestic industrial grade propylene glycol was RMB 17566 / T, and the average price increased by 1133 yuan / ton, or 6.90% compared with the price on July 12. Compared with July 1, the average price increased by 1500 yuan / ton, or 9.34%.

According to the monitoring data of business society, as of July 13, the average factory price of domestic industrial grade dimethyl carbonate was 7800 yuan / ton, and the average price increased by 1134 yuan / T, or 17% compared with that of July 12, 2021 (reference price of 6666 yuan / ton), and the average price increased by 934 yuan / ton, or 13.59% compared with the price of July 1, 2021 (reference price: 6866 yuan / ton).

At present, the domestic plant is more common in the linkage production of propylene glycol and dimethyl carbonate. It takes propylene oxide as the main raw material, and produces dimethyl carbonate by ester exchange method, and also produces propylene glycol. Therefore, there is a certain correlation between the market of propylene glycol and dimethyl carbonate. Here is a brief introduction to the market of the products in the next few days:

In early July, although the domestic market of propylene glycol and dimethyl carbonate increased slightly, the overall trend remained stable. Until the beginning of this week, Shaanxi and Shandong factories have been shut down and repaired. In a while, the supply of propylene glycol and dimethyl carbonate has decreased, the supply tension in the field is rising rapidly. The market price of propylene glycol and dimethyl carbonate has risen greatly. The daily increase of malondiol and dimethyl carbonate is more than 1000 yuan / ton, as of the 13th day, The average price of propylene glycol rose to 17566 yuan / ton, up 6.90% a day compared with the previous working day, and dimethyl carbonate rose to 7800 yuan / T, up 17% a day compared with the previous working day. Downstream affected by the continuous fear of rising, the current goods are relatively positive, and there is no obvious pressure on the supply side. The overall market of propylene glycol and dimethyl carbonate are mainly high-level operation.

In the upstream of epichlorohydrin, the overall trend of epichlorohydrin market in June fell, down 4.90%, and the overall trend fell first and then rose. In July, propylene oxide continued to rise in late June, and rose slowly. In the early week, the propylene oxide manufacturers were not under pressure, while the downstream polyether orders were stable and medium increment, and the market was rising. The middle and lower reaches just needed to follow up steadily, and the market was not pushed up. At present, the market supply was tight, and the downstream follow-up was positive, and the market continued to rise. On December 12, the main quotation of epichlorohydrin market in Shandong was 15200-15300 yuan / ton. According to the data on the business agency’s bulk list, the average price of propylene oxide enterprises as of July 12 was 16033.33 yuan / ton, up 2.39% compared with last Monday (July 5)

Future forecast

At present, the supply of Shida Yankuang and Shandong wells has been gradually increased in the process of load lifting. In addition, the downstream demand of propylene glycol and dimethyl carbonate may slow down in the later period under the high level. Therefore, the analysts of propylene glycol and dimethyl carbonate of business society believe that the market of malondiol and dimethyl carbonate may fluctuate at high level in the short term, and the price will have a downward risk.