April 15th — On April 15, Lihuayi Weiyuan Chemical Co., Ltd. maintained normal operations at its propylene oxide (PO) plant, with the ex-factory price set at 12,000 yuan per ton, marking a decrease of 1,000 yuan per ton compared to the previous day. According to Chempricehub's analysis of propylene oxide, the market sentiment is bearish, with a rating of -1. The report indicates that the ex-factory price of propylene oxide dropped by 1,000 yuan per ton to 12,000 yuan per ton, while plant operations remained stable. This significant decline (approximately 7.7%) reflects ample market supply or weak demand, exerting downward pressure on spot prices. Considering the current environment of the chemical raw materials market, the price drop may dampen buyers' purchasing willingness, and spot prices are expected to face continued downward pressure in the short term.
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