April 08 — On April 8, Shandong Lihuayi Weiyuan Chemical announced an increase of 200 yuan/ton in the ex-factory listed price of propylene glycol to 11,200 yuan/ton. Chempricehub's analysis of propylene glycol, with a long-short rating of +1, indicates that the report of Shandong Lihuayi Weiyuan Chemical raising the ex-factory listed price of propylene glycol by 200 yuan/ton to 11,200 yuan/ton suggests a direct price increase from the production side, potentially reflecting stronger downstream demand or tightening supply. This is expected to support the spot market for propylene glycol, driving an upward trend in spot prices and benefiting spot transactions. Therefore, the rating is +1, indicating a generally positive impact.
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