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Chempricehub Alert: Shandong Zhuohang Propylene Glycol Ex-factory Price Reduced
Published on 2026-01-03
December 30th News On December 30th, Shandong Zhuohang New Materials (Heze) Co., Ltd. adjusted the ex-factory listed price of propylene glycol to 5,350 yuan/ton, a reduction of 50 yuan/ton. Chempricehub Analysis of Propylene Glycol, Bull-Bear Score: -1 The report indicates that Shandong Zhuohang New Materials has lowered the ex-factory listed price of propylene glycol by 50 yuan/ton to 5,350 yuan/ton. This suggests that suppliers are proactively reducing prices, likely due to weak demand or increased inventory pressure, which exerts a bearish impact on spot prices. The price reduction of approximately 0.93%, while not a drastic change, reflects a short-term imbalance between supply and demand in the market. It is anticipated that spot prices will face downward pressure.