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Chempricehub Alert: Propylene Glycol Ex-factory Price Reduced by 100 Yuan
Published on 2026-03-11
March 11 — On March 11, Shandong Lihuayi Weiyuan Chemical adjusted the ex-factory listed price of propylene glycol to 7,200 yuan/ton, a decrease of 100 yuan/ton. Chempricehub analysis of propylene glycol, with a long-short score of -1: The reduction of the ex-factory listed price of propylene glycol by Shandong Lihuayi Weiyuan Chemical by 100 yuan/ton to 7,200 yuan/ton indicates increased supply-side pressure or weak demand, posing a significant bearish impact on spot prices. The price decline may stem from inventory accumulation at enterprises or a slowdown in downstream procurement. It is expected that the spot market will face downward pressure in the short term, with traders showing a stronger willingness to offload goods.