January 15th News
On January 15th, Shandong Lihuayi Weiyuan Chemical adjusted the ex-factory listed price of propylene glycol to 5,500 yuan per ton, representing an increase of 100 yuan per ton.
Chempricehub Analysis on Propylene Glycol
Bull-Bear Score: 1
Shandong Lihuayi Weiyuan Chemical has raised the ex-factory listed price of propylene glycol by 100 yuan per ton to 5,500 yuan per ton, reflecting suppliers' positive expectations for market demand. This move may stem from rising costs or tight supply, directly supporting spot prices, stimulating downstream purchasing intentions, and driving market conditions upward. As a result, it generally exerts a positive impact on the spot price of propylene glycol.