January 16 - On January 16, Binhua Group quoted the price of propylene oxide at 8,700 yuan/ton, an increase of 100 yuan/ton compared to the previous day. Chempricehub's analysis of propylene oxide shows a bullish-bearish score of 1. The spot price of propylene oxide has risen by 100 yuan/ton to 8,700 yuan/ton, reflecting tight market supply and demand, which is favorable for the spot market. This price increase may be attributed to stronger downstream demand, such as from polyethers, or cost support from upstream propylene. It is expected that prices will remain firm in the short term.