Last week, domestic propylene oxide market prices experienced a slight uptick. According to SunSirs monitoring system data, as of September 5, the Business Society benchmark price for propylene oxide stood at 7,550 RMB per ton, marking a 1.34% increase compared to the beginning of the month.

Price Influencing Factors:

Raw Material Side: Last week, propylene prices rose, with high-end cost support driving a slight increase in propylene oxide prices. According to SunSirs' market analysis system, as of September 4, the propylene benchmark price stood at 6,678.25 RMB/ton, up 0.23% from the beginning of the month (6,663.25 RMB/ton).

Supply Side:

Lower propylene oxide inventories have strengthened market price support, leading to slight upward price fluctuations.

Demand Side:

Downstream buyers are actively purchasing at lower prices, boosting new order volumes. Smooth shipments indicate that propylene oxide prices are expected to fluctuate within a narrow range in the near term.

Market Outlook:

SunSirs' propylene oxide analysts note that tight market supply, rising raw material costs, and downstream buyers taking advantage of lower prices have created an active trading environment, pushing market prices upward.

The propylene oxide market is expected to fluctuate within a narrow range in the short term, with greater attention needed on raw material prices and shifts in upstream/downstream supply-demand dynamics.

As an integrated internet platform providing benchmark prices, on September 9, the benchmark price of propylene oxide on SunSirs was 7,550.00 RMB/ton, down 0.66% from the beginning of this month (7,600.00 RMB/ton).

Application of SunSirs Benchmark Pricing：

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.