The hottest propylene import price of China hit a

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In 2014, the US dollar price of propylene imports in China hit a new high

since 2008, China's Propylene imports have increased significantly. According to customs data, the total import volume of propylene (5) measurement and control software in 2013 exceeded 1.8 times that of 2008. Excluding the factors of economic crisis in, compared with 2010, China's Propylene import volume increased by 69.29% in 2013. The increase in import volume helped to improve market activity, and traders also increased synchronously. In the month of 2014, China's Propylene import exceeded 1million tons, hitting a new record, with a year-on-year increase of 18% over the same period in 2013; At the same time, in January this year, the import volume exceeded 300000 tons for the first time. It has to be said that China's Propylene import market has made a prosperous start this year

is not only eye-catching in terms of the number of imports, but also gold price performance is also eye-catching with the change of pulse number, frequency and other rotating speeds. In 2014, the US dollar price of propylene imports in China set a new peak in 2011, setting the highest record since 2008. Up to now, the average import price of propylene in China in 2014 is 1482 US dollars/ton CFR China, an increase of 6.31% year-on-year in 2013 or the goods carried bear the resonance of transportation. According to the data tracking, if Shandong propylene can't be measured, the market price of propylene in 2014 was yuan/ton, which was lower than the import price of 1000 yuan/ton in the same period. The import price is so inverted that it can last for 4 months, and the volume and price have reached a new high

behind the boom in the market volume and price of imported propylene at the beginning of this year, we can see the contradiction between the domestic propylene monomer circulation and the consumer market demand. According to data monitoring, compared with the domestic demand market in 2010, the capacity of propylene oxide increased by 65%, the capacity of butyl octanol doubled, and the capacity of acrylic acid expanded by 76%. These downstream derivatives all need to purchase propylene monomers in the market. In the same period, the circulation of monomers in the market is still dominated by local refineries, and the domestic supply increment is limited; The largest incremental supply project is Tianjin Bohai Chemical Group PDH, which was put into operation in the third quarter of 2013. In recent years, the cumulative demand gap of propylene monomer in China has increased by more than 1.5 million tons/year, which naturally creates a colorful opportunity for the import market

it is understood that in the late third quarter of this year, the 600000 ton PDH project of Zhejiang Haiyue is expected to be put into operation, the subsequent 450000 ton PDH project of Zhejiang satellite is planned to be put into operation, and the 450000 ton PDH project of Shaoxing Sanjin Petrochemical is planned to be put into operation in the fourth quarter. I hope the PDH project will cool the overheated import market

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