1、 Price trend
| Azodicarbonamide (AC foaming Agent) |
According to the bulk list data of business society, the domestic propylene (Shandong) market fluctuated higher in February. At the beginning of the month, the market was 7750 yuan / ton, and the average price at the end of the month was 8375 yuan / ton, with a monthly increase of 8.06%.
2、 Analysis and comment
According to the price chart of business society, the overall trend of propylene market fluctuated upward in February, especially in the latter ten days, the price broke through the 8000 yuan mark, and the price further rose. In early February, the downstream of propylene market began to resume driving after the festival. Affected by natural weather and transportation constraints, the supply of propylene in the region was tight, and the price of propylene was tight and rising. In the middle of the year, with the gradual resumption of construction in the market and the increase of supply, the market began to return to normal. At the same time, the downstream polypropylene market was general, the product price continued to hang upside down, and the propylene price gradually corrected. In the latter half of the year, the cost pressure of downstream polypropylene was slightly relieved, driving the improvement of downstream demand. In addition, some other favorable factors jointly boosted the trading of propylene market, and the price stopped falling and rising.
| povidone Iodine |
Upstream crude oil, propane and liquefied gas all rose to varying degrees. Among them, crude oil, which has a great impact on the price of propylene, rose by 8.41% in February, liquefied gas and propane rose by 8.3% and 5% respectively, and methanol fell by 0.45%. The cost of raw materials is high, the profitability of propylene industry is low, and the cost support is strong.
Downstream products, except propylene and phenol, rose in varying degrees. Polypropylene rose by 1.07%, which was relatively small. The polypropylene market did not improve significantly, and it was difficult for propylene prices to rise further in the future.
3、 Future forecast
Propylene analysts from the chemical branch of business society believe that: in general, the market of downstream products needs to be improved, especially polypropylene, and the overall demand side pull is limited. At present, the propylene price is on the high side, the downstream wait-and-see atmosphere is strong, and the propylene price is expected to fluctuate at a high level in the future under the support of cost.
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