I. Key Points
On the previous business day, Shandong propylene market prices declined significantly. The mainstream closing reference price was 9,650–9,700 RMB/ton, with an average of 9,675 RMB/ton, down by 110 RMB/ton compared to the previous business day. Lacking positive catalysts, downstream buyers remained largely in a wait-and-see mode, continuously pressuring producers' shipments. Offers were primarily adjusted downward with discounts. Trading activity at high price levels remained sluggish, with actual transaction focus shifting toward mid-to-low price ranges.
On the previous business day, Jiangsu n-butanol market prices referenced 8,800–8,850 RMB/ton ex-warehouse. The market remained flat and consolidating, with heightened wait-and-see sentiment. Supply availability was limited, and downstream procurement was driven mainly by rigid demand.
Unit: RMB/ton
II. Price Table
| Product | Region | Sep 11 | Sep 18 | Change |
|---|---|---|---|---|
| Propylene | Shandong | 10,000–10,050 | 9,650–9,870 | -350 / -350 |
| n-Butanol | East China | 8,850–8,850 | 8,800–8,850 | -50 / 0 |
| Acrylic Acid | East China | 8,200–8,400 | 8,100–8,200 | -100 / -200 |
| Butyl Acrylate | East China | 9,600–9,800 | 9,900–10,000 | +300 / +200 |
| Adhesive Tape Master Roll | Jiangyin | 10,600–10,800 | 10,700–10,900 | +100 / +100 |
| Notes: 1. Prices are RMB inclusive of VAT, unit: RMB/ton. | ||||
| 2. Prices represent spot rates on the two respective business days. | ||||
| 3. Changes reflect period-over-period fluctuations. |
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