AUGUST 15,2019

Epoxy propane continue to push up market concentration

2019-08-15 14:11

Yesterday epoxy propane low catch-up, south north talks continue to push up gravity, in east China market reference price 10600-10700 yuan/ton. Due to epoxy propane market prices rising, the downstream high resistance gradually, small single volume resistance, combined with the downstream polyether market downturn, the cost pressure conduction, with higher fatigue, just need to follow up for sourcing epoxy propane, upstream and downstream long-short differences. However the shandong PO main big short-term difficult to resume production, based on the supply is not bounteous, downstream helpless passive procurement, PO factory has no inventory, rise further intention remained. Intention is expected, the factory's city, low-end catch-up follow up PO market, high digestion.


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