According to the monitoring data of business agency, as of April 29, the average price of propylene oxide enterprises was 11400.00 yuan / ton, down 5.26% compared with April 1, up 0.88% year-on-year in a three-month cycle and down 39.68% compared with the same period last year.

The propylene oxide market fell in April. In the first ten days after the festival, the price of propylene oxide stopped falling and rebounded, the price of raw propylene rose, the cost support was strengthened, the social inventory was low, the market trading atmosphere warmed up, and the focus of market negotiation shifted upward. In the middle of the year, the supply side devices were mainly stable, and the demand side reduction followed up. The market trading atmosphere was cautious and weak. After the market stalemate fell, it rebounded slightly with the support of costs. In the last ten days, the propylene oxide market was deadlocked and fell, the cost support was limited, the supply side devices were mainly stable, the downstream pre Festival purchasing mood was general, and just needed to follow up. The manufacturers mainly reduced inventory before the festival, and the price was reduced. On the 29th, the mainstream quotation of propylene oxide Market in Shandong was around 10600-10700 yuan / ton.

Upstream propylene, according to the bulk list data of business society, the domestic propylene (Shandong) market experienced twists and turns in April, and the overall market rose. The market was 8200 yuan / ton at the beginning of the month, and the average price at the end of the month was 8404 yuan / ton, with a monthly increase of 2.49%.

According to the monitoring data of downstream propylene glycol, as of April 27, 2022, the average ex factory price of domestic industrial propylene glycol is 11333 yuan / ton. Compared with the price on April 1, 2022 (the ex factory reference price of propylene glycol is 14133 yuan / ton), the average price is reduced by 2800 yuan / ton, a decrease of 19.81%.

The propylene oxide analyst of business society believes that at present, the cost support is limited, the supply side is mainly stable, the demand side is general, and the market atmosphere is flat. It is expected that the propylene oxide market may be weak and stable in the short term, and more attention should be paid to the guidance of market news.