April 21, 2024 – On April 21, the propylene oxide (PO) unit of Lihuayi Weiyuan Chemical Co., Ltd. was operating normally, with the ex-factory price at RMB 11,300 per ton, down by RMB 1,000 per ton compared to April 17. Chempricehub analysis of propylene oxide: Bull-Bear Score: -2. The ex-factory price of propylene oxide decreased by RMB 1,000 per ton to RMB 11,300 per ton compared to April 17, a drop of 8.1%. This indicates that normal plant operation has led to sufficient supply or weak demand, exerting significant bearish pressure on spot prices. In the short term, the spot market may continue to face downward pressure, with increasing risks of price declines.