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In March 2022, CP released data: propane was $895/ton, up $120 from the previous month; butane was $920/ton, up $145 from the previous month
In February 2022, CP released data: propane $775/ton, butane $775/ton
The data released by CP in January 2022: the propane contract price (CP) is US$740/ton, and the butane contract price (CP) is US$710/ton
It usually consumes 1.
In March, the US dollar price of propane will rise to 895 US dollars / ton.
It is expected that the price of raw material propane will rise, the price of low-end polypropylene products will be suppressed, the PDH operating capacity will be tested, and low-profit operation will become a high probability
Under such a background, will Donghua Energy, Juzhengyuan, Haiwei, Zhongjing Petrochemical, Sanyuan Petrochemical, Hongji Petrochemical and other polypropylene enterprises that use PDH as the source of raw materials will once again accelerate the development of mid-to-high-end polypropylene products development? Or find another way to advance the layout of other new energy and new materials, and change lanes to compete? More or both?
