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China Propylene Oxide Weekly Report 20220606-20220610
June 15, 2022    [Source:PUdaily]

 

Weekly Market Overview                                                             

China PO market falls. The liquid chlorine prices fall, lending weak support to PO prices. As they make purchases when prices rise instead of falling, buyers have modest demand. Thus PO manufacturers slightly decrease their offers and discuss prices with buyers. The prevailing offers in Shandong and North China markets stand at CNY 10,800-11,000/ton EXW in bulk in cash. Those in East China are CNY 11,000-11,300/ton DEL in bulk in cash.

 

Spot price

 

Region/Grade

10thJune

2ndJune

Change

E-China

11,000-11,100

11,200-11,300

-200-200

N-China

10,800-11,000

11,200-11,300

-400-300

North East China

10,900-11,100

11,300-11,400

-400-300

Imports

1,430-1,430

1,430-1,430

0, 0

 

 

 

 

 

 

Table 1 Weekly Propylene Oxide Price Comparison between in China (CNY/ton, DEL; USD/ton, CFR China)

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