The domestic propylene oxide market is weak and stable. According to the monitoring system of SunSirs, as of June 6, the benchmark price of propylene oxide in SunSirs was 7143.33 RMB/ton, down 2.72% from the beginning of May.

Price influencing factors:

Raw material side: The market price of raw material propylene fell slightly, and the cost side was insufficiently supported. According to the market analysis system of SunSirs, as of June 6, the benchmark price of propylene in SunSirs was 6535.75 RMB/ton, down 0.04% from the beginning of this month (6538.25 RMB/ton).

Demand side: Propylene oxide downstream just needs to replenish stocks, and the market trading atmosphere is relatively cautious. Affected by the tariff policy, the downstream terminal market purchases limited raw materials. Overall, demand faces limited support for the propylene oxide market, and the market may maintain a volatile and weak trend in the later period.

Market Forecast:

Analysts of propylene oxide from SunSirs believe that downstream propylene oxide needs to replenish stocks and purchases are cautious. The market trading atmosphere is cold and the demand side is insufficient. It is expected that the propylene oxide market will maintain a volatile and weak trend in the later period, and more attention should be paid to raw material prices and changes in downstream supply and demand.

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