Shanghai J.Shine Co.,Ltd

Shanghai J.Shine Co.,Ltd

China propylene glycol market fell weakly

2022 03/07

Product Name: Propylene Glycol

The latest price (March 7): 15,400 yuan / ton

Analysis points: According to the data monitoring chart of the business agency, on March 7, the domestic propylene glycol market moved down slightly. The average ex-factory price of propylene glycol was 15,400 yuan/ton. Compared with the previous working day, the average price was reduced by 67 yuan/ton. , down 0.19%. On the 7th, the domestic propylene glycol market was weak and ran down, the downstream purchasing atmosphere was cautious, the trading atmosphere in the market was general, and the wait-and-see mood was strong.

Market outlook forecast: At present, the demand for propylene glycol is weak, and the downstream is cautiously replenishing supplies. The propylene glycol data engineer of the business community believes that in the short term, the domestic propylene glycol market will mainly adjust and operate within a narrow range, and more attention should be paid to the news changes on the supply and demand side. .

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