According to the monitoring data of business agency, as of July 21, the average price of propylene oxide enterprises was 9733.33 yuan / ton, down 4.26% from Monday, 11.78% from June 21, and 16.57% year-on-year in a three-month cycle.

Propylene oxide market fell this week. Recently, the raw material propylene market has been reorganized and operated, and the cost support is limited. At the beginning of the week, the supply side devices are stable, the downstream procurement enthusiasm is not high, and the market wait-and-see is weak. With the price falling, the factory shipment has improved slightly, but it is still general, some devices have decreased, the downstream procurement mentality is still cautious, and the market game is weak. On the 21st, the mainstream quotation of propylene oxide Market in Shandong fell to about 8400-8500 yuan / ton.

Upstream propylene, according to the monitoring data of business agency, on July 20, the reference price of propylene was 7430.60, a decrease of 3.25% compared with July 1 (7680.60).

The monitoring data of downstream propylene glycol showed that the reference price of propylene glycol was 9433.33 on July 20, a decrease of 20.51% compared with July 1 (11866.67).

According to the propylene oxide analysts of business society, at present, the cost side support is general, the supply side is relatively abundant, the demand side is weak, and the market mentality is insufficient. They are more cautious and wait-and-see. It is expected that the propylene oxide market will be weak in the short term.