December 30th News
On December 30th, the propylene oxide unit of Lihuayi Weiyuan Chemical Co., Ltd. operated normally, with an ex-factory price of 7,800 yuan per ton, a decrease of 200 yuan per ton compared to the previous day.
Chempricehub Analysis of Propylene Oxide
Bull-Bear Score: -1
The ex-factory price of propylene oxide decreased by 200 yuan per ton to 7,800 yuan per ton compared to the previous day, while the unit operated normally. This indicates ample supply or weak demand in the spot market, which may exert further downward pressure on spot prices. The assessment is generally bearish, as the price decline is significant but not extreme, reflecting a short-term trend of oversupply in the market.