PO PRICE DECREASES

Yesterday, the domestic PO market shut down CNY200, but the market trading atmosphere was cautious. From the view of materials, propylene market continued to be stable and slightly dynamic, while the liquid chlorine market temporarily remained in a low stalemate, with insufficient support at the cost end;

From the perspective of the supplier market, several PO plants in Shandong Province has increased their production and some new devices are in processing. At present, the pressure on suppliers in the market has increased slightly;

Feedback from the downstream polyether market was flat. As PO price just down, in the short term, the propylene oxide market may maintain a stable and weak operation for the time being. There is still a small downward trend. Based on the fact, buyers will keep calm and wait for margin.

 PO PRICE DECREASES3

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Post time: Dec-01-2022