Compared with the daily average price of domestic propylene glycol, the average price of propylene glycol increased by 10.66% compared with the daily average price of 9366 tons, which was increased by 10.67% compared with the daily average price of 9366 tons.

At present, the domestic market of propylene glycol is stable and narrow range finishing is running

At present, the main line of domestic propylene glycol market is still stable, and some dealers adjust their prices. On the 27th, the raw material propylene oxide Market weakened, but there was still support for the propylene glycol market. Yesterday, the propylene glycol industry did not prepare for a large-scale price adjustment, but small shocks occurred from time to time, In order to alleviate the pressure, it is expected that some factories will make more profits to ship goods in the near future. In terms of demand, the end-users continue to focus on rigid demand, and the export is slightly better than before. As of October 28, the ex factory transaction price of domestic propylene glycol was 9366.67 yuan / ton, which was the same as that of the previous working day. Compared with last weekend, the average price of propylene glycol increased by 33 yuan / ton, or 0.36%.

Upstream, the propylene oxide market fell on October 27. As of October 27, the average price quoted by propylene oxide enterprises was 18066.67 yuan / ton, down 1.81% compared with the previous trading day, and 1.63% lower than that of September 27. The start-up of Po manufacturers in Northeast China led to a short-term increase in Po supply and a strong sense of risk aversion and wait-and-see mood in the downstream. Manufacturers offered profits to ship goods, and the focus of market negotiation was lower. At present, the mainstream quotation of propylene oxide Market in Shandong is around 17600-17800 yuan / ton.

The weakening of raw materials or the downward impact of propylene glycol in the future market

At present, the demand for propylene glycol is normal, the confidence of the industry is still in existence, the price reduction is limited, and the quotation is basically firm. However, it is heard that the downstream has already resisted the recent sustained high price, and the raw materials have weakened in recent two days. Therefore, the business agency’s propylene glycol data analyst believes that there is a large downward risk in the market of propylene glycol in the short term.