April 14th - On April 14th, the propylene oxide (PO) quotation from Binzhou Chemical Group was 13,000 yuan per ton, a decrease of 300 yuan per ton compared to the previous day. Chempricehub analyzed propylene oxide, giving a long-short score of -1. The PO quotation from Binzhou Chemical Group dropped by 300 yuan per ton compared to the previous day, a decline of approximately 2.3%, reflecting increased supply or weak demand in the spot market, leading to intensified downward pressure on prices. This decline signal indicates that short-term spot prices may continue to face pressure, exerting a generally bearish impact on market sentiment.
Comments
0