China PO Weekly Report 20170717-20170721
2017-07-25    [Source:PUdaily]

The domestic propylene oxide mainstream market’s price edges up in north and east China this week. PO inventory is in low level. The market sentiment is good.

Regional prices in North China are about RMB 10,400-10,500/ton by bank draft payment and DEL, stable with last week and RMB 10,450-10,850/ton on delivery and cash payment in E-China, stable compared with last week.

Shandong Sanyue Group’s 240 kt/year propylene oxide facilities are running at 100% load. Shandong Xinyue runs propylene oxide facilities at 100% load. Shandong Jinling runs propylene oxide facilities at 50%load. Fangda Jinhua runs PO facility at full load. NKGC runs 80kt/year propylene oxide facility at around 100% load. Shandong Huatai runs 80 kt/year PO facility at 80% load.

Ningbo ZRCC Lyondell’s 285kt/year PO facility is running at 100% load. Wanhua Chemical Group’s 264 kt/year PO facility is running at low load for maintenance.

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