Supply contraction increases epoxy propane prices by over 60% in a month, listed companies are producing at full capacity.
Due to fluctuations in raw material prices and sustained demand release, the price of propylene oxide has entered a rapid upward trend since early March, with an increase of more than 60% in just over a month. Some executives of listed companies told reporters that the price difference between propylene oxide raw materials and products now exceeds 4000 yuan/ton, and the profit margin of the products is considerable. The company's operating rate has increased to 90% and is fully committed to production to meet market demand.
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