Propylene epoxide is an important chemical product in pesticide industry. Recently, as the supplier of Propylene epoxide in the Northeast Asian region will usher a maintenance period, which led to the tight market of supply, the price of Propylene epoxide in Asia is hopeful to have a modest increase in the second quarter.
In China, the traders said that since the beginning of early February, the source of Propylene epoxide has begun to form a tense trend and the domestic largest producer of Propylene epoxide has been prepared to overhaul next month. The traders worried that the price of the domestic Propylene epoxide will show a jumped up trend.
Not only in China, the Japanese side also expressed that their domestic supply of Propylene epoxide would show a tension in May and June. At that time the Japanese side will reduce the exports to meet the demand of internal market.
Reference: CHINA PESTICIDE INFO NETWORK
By Grace |