① In the market, units such as Zhenhai Phase 2, Guoen, Qixiang, and Weixing were shut down; trading sentiment was weak at first and then strengthened.
② Today, the domestic propylene oxide capacity utilization rate was 64.23%.
Table 1 Domestic Propylene Oxide Price Summary (Unit: RMB/mt)
| Product | Market | 2026/09/07 | 2026/09/08 | Change | Change (%) | Unit |
|---|---|---|---|---|---|---|
| Propylene oxide | Shandong | 10,100–10,100 | 9,870–9,900 | -230 / -200 | -2.28% / -1.98% | RMB/mt |
| Propylene oxide | East China | 10,200–10,380 | 10,200–10,200 | 0 / -180 | 0% / -1.73% | RMB/mt |
| Propylene oxide | Northeast | 10,270–10,300 | 10,070–10,100 | -200 / -200 | -1.95% / -1.94% | RMB/mt |
| Propylene oxide | South China | 10,200–10,400 | 10,200–10,400 | 0 / 0 | 0% / 0% | RMB/mt |
| Flexible polyether | Shandong | 10,300–10,500 | 10,200–10,400 | -100 / -100 | -0.97% / -0.95% | RMB/mt |
| Flexible polyether | East China | 10,200–10,600 | 10,200–10,600 | 0 / 0 | 0% / 0% | RMB/mt |
Data source: Chempricehub.
Based on the Shandong region, today’s propylene oxide price closed at RMB 10,200/mt, up from the previous period, in line with morning expectations.
Today, the domestic propylene oxide market rebounded and rose initially. Supply-side units in the market were mainly stable. Operating plants, observing the strong upward trend in feedstock propylene, turned firm and raised prices. In some regions, the spread between high and low prices widened; amid tight supply, some cargoes were sold at a premium. Meanwhile, feedstock prices continued to climb, downstream buyers gradually followed up with purchases after waiting on the sidelines, and the market remained strong.
The propylene oxide capacity utilization rate was 64.23%. Currently, units such as Zhenhai Phase 2, Guoen, Qixiang, and Weixing in the market are shut down, and cost support remains acceptable.
Looking ahead, with feedstock support in the market, new order quotations rose sharply in the afternoon. Prices are expected to continue rising tomorrow, with the overall market consolidating at a stronger level.
Propylene Market: Today, Shandong propylene market prices continued to rise broadly, with mainstream closing reference at RMB 9,800–10,000/mt, average price RMB 9,900/mt, up RMB 385/mt from the previous working day. International crude oil trended upward, strengthening propylene cost support. Enterprise inventories remained low, and quotations continued to be pushed up broadly. Downstream buyers mainly followed on a need basis; auction premiums for actual transactions remained, driving the transaction center upward.
Liquid Chlorine Market: Upstream supply changed little, enterprises’ shipments were acceptable, downstream demand took cargo steadily, and some restocking occurred. Today, the Shandong liquid chlorine market was stable with an upward bias. Currently, liquid chlorine prices in northern Shandong are 100–150, in southern Shandong and southwestern Shandong are 100–200, and in the Jiaodong Peninsula region are...
Flexible Polyether Market: Flexible polyether runs at high levels: Shandong assessed at RMB 10,500–10,600/mt cash, East China negotiated at RMB 10,400–10,800/mt cash delivered, South China negotiated at RMB 10,500–10,900/mt cash delivered; specific deals are subject to negotiation. In early trading, the spot market center continued to rise, supported by strong costs. Polyether producers continued to raise new order quotations. Downstream buyers were mostly cautious and wait-and-see, market buying interest was light, and actual transaction activity was sluggish.
Table 2 Domestic Propylene Oxide Data Overview (Unit: 10,000 mt, RMB/mt)
| Data | Release Date | Current Period Data | Estimated Next-Period Trend |
|---|---|---|---|
| Weekly Capacity Utilization Rate | Thursday 5:30 PM | 61.47% | ↗ |
| Weekly Production | Thursday 5:30 PM | 11.51 | ↗ |
| Chlorohydrin Weekly Profit | Thursday 5:30 PM | -899.32 | ↗ |
Data source: Chempricehub. Notes: 1. ↓↑ indicates significant fluctuations, highlighting data metrics with changes exceeding 3%. 2. ↗↘ indicates narrow fluctuations, highlighting data with changes within 0–3%.
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