Price trend

The domestic propylene oxide market price remained stable this week. According to the SunSirs monitoring system, as of September 11, the SunSirs benchmark price for propylene oxide was 7,500 RMB/ton up 0.67% from the beginning of the month.

Price Influencing Factors:

Raw Material: Propylene prices rose this week, supported by high costs. However, sluggish downstream purchasing sentiment put downward pressure on propylene oxide market prices. According to the SunSirs market analysis system, as of September 11th, the SunSirs benchmark price for propylene was 6,725.75 RMB/ton, a 0.94% increase from the price of 6,663.25 RMB/ton at the beginning of the month.

Demand side: Downstream demand for propylene oxide wa weak, the purchasing atmosphere was cold, and corporate shipments were sluggish. It is expected that the propylene oxide market price will fluctuate within a narrow range in the near future.

Market outlook

SunSirs’ propylene oxide analysts believe that propylene oxide raw material prices remained strong, but downstream purchasing was sluggish, trading was subdued, and the market price was declining. It is expected that the propylene oxide market may fluctuate within a narrow range in the short term, and more attention should be paid to changes in raw material prices and upstream and downstream supply and demand.

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