From December 1st to December 30th, propylene oxide market prices showed a fall - up - stable trend. In early April, the average price of domestic enterprises ex factory price in 10483 yuan / ton, the end of the domestic price of enterprises in the 9883 yuan / ton, down 5.88%. To three months for the cycle, the overall decline of 4.27%.
　　Market analysis:
　　Products: earlier this month by the northern snow weather, logistics transport limited, manufacturers shipped affected, inventory pressure rise, coupled with the haze weather this week further hindered transport products, lead to cyclopropane prices continued downward. Mid market weak stability of the market, but the long-term weakness of the lower reaches of the weak vibration, continued to drag on propylene oxide uplink. With Shell last week to restart the device, the market supply pressure, local prices affected by the impact. Near the end of the year, propylene oxide again open down the channel, the price fell below 8 mark, breaking the record low of nearly 7 years. At present, the East China market to discuss the reference to maintain the 7800-9500 yuan / ton.
　　Industrial chain: this month after the first raw material propylene Yang, the focus of the current focus of high-end, East China market price of 5500 yuan / ton. Crude oil shocks, the bearish sentiment strong. High cost pressures, downstream demand for propylene enthusiasm is not high, so the market atmosphere is difficult, the latter does not rule out the possibility of a high level of propylene down. Raw material liquid chlorine rose after the first down, the current trend is relatively stable, the price of the mainstream in 700 yuan / ton, the short term chlorine market prices remain weak. The lower reaches of the lower reaches of propylene oxide by propylene oxide, below the historical low price, no upside in the short term positive. Downstream users need to hold a multidimensional, the overall weak demand for vibration.
　　Industry: domestic propylene oxide main manufacturers started normal. Shida Shenghua November parking overhaul, later this month to restart the device; near the end of the month, Nanjing Kumho GPRO chemical two sets of equipment take turns doing the saponification tower and device drop to minus 50%. The products used for downstream production of polyether. At present, the market supply of adequate supply, but weak demand for the downstream terminal, in the market supply and demand imbalance, the price does not rule out the emergence of a third round of C.