Among the 106 products monitored by Zhuochuang Information, 25 products rose in this cycle, accounting for 23.58%; 51 products remained stable, accounting for 48.11%; 30 products declined, accounting for 28.3%. The top three products that rose were maleic anhydride, crude benzene, and PTA, with an increase of 6.43%, 5.12%, and 1.66% respectively; the top three products that fell were dimethyl carbonate, butadiene, and NPG, with a decrease of 5.95%, 4.42%, 3.92%.

In recent years, the supply and demand pattern of propylene has gradually transitioned from a tight balance to a loose supply, with the import volume gradually decreasing and the export volume increasing significantly. In the mutual restriction and constant balance between supply and demand from the region to the whole, the logic of the impact of the propylene market price is also constantly changing. In 2021, the supply of propylene will increase significantly year-on-year, and the export volume will double. The increase in the price of raw materials has generally improved the cost support of propylene, but the price of propylene has not risen as much as the cost, and the industry profits have shrunk.

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