April 23 News – On April 23, Shandong Lihuayi Weiyuan Chemical Co., Ltd. adjusted its ex-factory listed price for propylene glycol to 9,200 RMB/ton, a reduction of 100 RMB/ton. According to Chempricehub's assessment, the propylene glycol market receives a bearish score of -1. The price cut by Shandong Lihuayi Weiyuan Chemical—lowering the ex-factory listed price by 100 RMB/ton to 9,200 RMB/ton—indicates ample market supply or weak demand, which may lead to a wait-and-see attitude among downstream users and further downward pressure on spot prices. Although this price reduction is an isolated move by a single enterprise, it may reflect broader industry inventory pressure or a weakening demand trend, exerting a generally bearish impact on the propylene glycol spot market.