产量强劲增加令美国丙烯价格走低

中国石化新闻网讯 据安迅思休斯敦1月25日消息，美国产量的强劲增长继续拖累1月份丙烯合同价格走低，预计短期内市场将继续面临下行压力。

2018年底美国丙烯合同价格下跌，原因是来自于裂解装置、炼油厂和其他来源的丙烯产量增加，以及年底去库存限制了需求。2018年底，美国丙烯库存升至三年多高点。

进入2019年，由于下游补充库存的需求增加，加之近期价格下跌增加了丙烯衍生物出口的兴趣，原本预计供应趋紧将给定价带来一些上行压力。

尽管需求有所增加，但1月份强劲的生产已经超过了需求的增长速度。丙烯库存在2019年继续增加，达到7年来的最高水平。

庞晓华 摘译自 ICIS

原文如下：

US production pushes propylene prices lower

Stronger production in the US continued to push propylene contract prices lower in January and is expected to keep downward pressure on the market in the near term.

Propylene contract prices fell in late 2018 as production increased from crackers, refineries and other sources and as year-end de-stocking hampered demand. Inventories rose to a more than three-year high by the end of 2018.

Heading into 2019, tighter supply had been expected to put some upward pressure on pricing due to increased demand from downstream re-stocking and as recent price declines had increased interest in derivative exports.

While demand has increased, strong production has more than kept pace in January. Propylene inventories continued to rise in 2019 reaching a seven-year high.