Propylene Oxide Market Snapshot In North China

Published: 10 Nov 2009 01:43:38 PST

PUdaily, Shanghai-Propylene prices in Shandong remains steady with an decline of RMB 50/t for some factories but the mainstream transaction prices are around at RMB 8550-8700/t. Liquid chlorine prices stand at RMB 1300-1500/t. The absorption cost for PO production by means of chlorohydrins is around at RMB 11000/t.

For the moment, Shandong suppliers: Shandong Binhua and Shida Shenghua keep high operation rates but Shandong Jinling facility is under shutdown. In Shandong and Tianjin, producers offer at RMB 12200-12300/t ex-factory with actual transactions at RMB 12000-12100/t.