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In the northeastern region, although the total supply of resources is relatively low, the sales trend is generally in the near-term, and refinery prices have generally stabilized. Therefore, resources in North China, where prices are lower, are still unable to flow in, and overall prices are still stable today. Resources in Daqing District are still relatively small. Daqing Petrochemical is mainly responsible for the production of downstream products and is suspended. Harbin Petrochemical listed 8,700 yuan / ton, sales in general, a small amount of Heilongjiang Petrochemical shipments, the price of 8,700 yuan / ton. Shenyang Wax Chemical Factory reduced its own use, the price rose to 9400 yuan/ton, and the daily sales volume was 100 tons. After the Xinmin wax device exploded, the amount of external propylene was suspended and it was difficult to resume shipping in the first quarter. As the downstream polypropylene plant is still driving, Dalian Petrochemical's external sales are still stalled and the logistics area is low. Jinxi, which is close to North China, maintains 9,200 yuan/ton, with a small quantity and low inventory. After Jinzhou has hung 9,100 yuan/ton, the amount of goods is small, and sales volume is also low.
In Shandong, the prices have stabilized, and the demand for downstream polypropylene and acrylonitrile users has decreased. Shandong's industry believes that the performance of propylene will remain flat. With the decrease in the price of polypropylene, the actual shipping price of propylene in refineries was stable at between 9800 and 10,000 yuan/ton. The largest refinery in the region has a good sales of Qingdao Petrochemical. The listing price is stable at 9,860 yuan/ton and the discount is 50 yuan/ton. After Qiluo's increase in production of acrylonitrile, the volume of goods decreased. Propylene maintained 9,700 yuan/ton, and refinery sales in the Dongying area decreased. After winning the gas separation plant, the price was steady at 9950 yuan/ton, and sales were still good. The shipments to the refinery were 9,800-9,900 yuan/ton, and HSBC was listed at 1,050 yuan/ton. In general, there was still a discount of 50 yuan/ton. Dongming area has a small amount of refining sales, Dongming is listed at 10,000 yuan/ton, Wusheng Petrochemical also maintains 10,000 yuan/ton, and the actual transaction discount is 50 yuan/ton. Traders said that the supply and demand situation in the region is still acceptable, and there is no room for lower prices in the afternoon.
In the Hebei region, sales in the region have stabilized, but the prices of refineries are still weak. Dagang prices remained at 9,700 yuan/ton, and today's external sales and shipments have improved markedly, but it is expected that the follow-up price increase may still be small. Tianjin Ethylene external sales are still available, the price of 9550 yuan / ton, the actual shipping 9,500 yuan / ton, days of petrochemical shipments generally maintain 9,500 yuan / ton. Shi Lian increased its own use, external sales were suspended, and inventory was low. In Henan Province, Luo Lianfang’s cargo was suspended and there was no quotation for external quotation. Zhongyuan Oilfield reported a drop to 9,700 yuan/ton. The Central Plains used its own vinyl, and there were still no external goods.
In the northwestern region, Lan Lian's quotation rose slightly to 8800 yuan/ton due to the poor demand, because sales are still acceptable, and there is a possibility of a slight upward adjustment. Due to the good sales in the previous period, Xi'an Petrochemical's external sales of propylene price remained at 9,200 yuan/ton, with less shipment pressure. Xianyang Auxiliary Plant propylene shipments remained flat, the price to maintain 9,150 yuan / ton, the plant said that the recent rise may not be large. Baota Petrochemical suspended heavy equipment due to the completion of inspections of downstream equipment. Ninglu Petrochemical Propylene sold well, the actual bid was RMB 9,100/ton, and the external suspension was heavy only for contractual households.
Due to the improvement in demand, the price trend of propylene has become stable and bullish.
China's imported propylene spot transaction level remained at 1095 US dollars / ton, the domestic PP powder manufacturers shipped 10900-11100 yuan / ton, small factories are at 10700-10800 yuan / ton, due to the Spring Festival, market supply and demand gradually tend to Balanced, refinery sales pressure is reduced. After the stabilization of polypropylene prices, users' demand for propylene increased, and domestic propylene prices remained stable and ups and downs. As the propylene downstream product of propylene, the demand for polyether was low after entering in February, and many companies still stopped. The demand for propylene was lower than the previous period, and the price was stable at 12300-12600 yuan/ton. Acrylonitrile is stable at 15500-15700 yuan/ton. Due to the recent improvement in downstream demand, the price trend of propylene has once again become stable and bullish.