Market Overview
This week, China PO market rises significantly. The fluctuation in prices for propylene and liquid chlorine has little impact on PO price due to the fat profit of PO. Some manufacturers shut plants for maintenance or lower production loads. This, coupled with limited supply of imported goods,leads to tight spot supply. The manufacturers receive fairly big number of orders, though polyether polyols manufacturers are cautious about making purchase. thus they significantly increase their quotes. The prevailing quotes in Shandong and North China markets stand at RMB 17,000-17,500/ton EXW in bulk in cash. Quotes in East China market stand at RMB 17,000-17,200/ton DEL in bulk in cash, with quotes for confirmed orders negotiable. goods sold from Northeast China to neighbouring regions are delivered by the manufacturers.
Suppliers’ Quotes ...
China Polyether Polyols Facilities Dynamics...
Upstream Feedstocks Analysis...
Imports and Exports Analysis ...
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