I. Key Points
Last week, the Shandong propylene market maintained a stable trading center. The mainstream closing reference price was 9,700–9,780 RMB/ton, with an average of 9,740 RMB/ton, unchanged from the previous business day. Weak international crude oil prices dampened market sentiment; however, low producer inventories and pre-holiday restocking by downstream users provided support, keeping overall offers stable with minor local price increases. Some actual transactions showed premiums, but the trading range remained narrow.
Last week, the Jiangsu n-butanol market referenced ex-warehouse prices of 8,350–8,400 RMB/ton. Market prices centered toward the lower end of the range. As the holiday approached, wait-and-see sentiment increased, downstream operators acted cautiously, and purchasing was limited to rigid demand at lower levels. Market inquiries and trading activity were generally moderate.
II. Price Table
| Product | Region | Sep 29 | Sep 30 | Change |
|---|---|---|---|---|
| Propylene | Shandong | 9,700–9,780 | 9,700–9,780 | 0 / 0 |
| N-Butanol | East China | 8,400–8,400 | 8,350–8,400 | -50 / 0 |
| Acrylic Acid | East China | 7,800–7,900 | 7,800–7,900 | 0 / 0 |
| Butyl Acrylate | East China | 9,500–9,600 | 9,500–9,600 | 0 / 0 |
| Tape Master Roll | Jiangyin | 10,500–10,700 | 10,500–10,700 | 0 / 0 |
| Notes: 1. Prices are in RMB (tax inclusive), unit: RMB/ton | ||||
| 2. The two columns represent point-in-time prices for the past two business days | ||||
| 3. Change values reflect period-over-period fluctuations |
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