April 23 News – On April 23, Xinyue Group reported sufficient supply of propylene oxide, with downstream companies purchasing only on a demand-driven basis and market transactions described as moderate. The ex-factory quotation stood at 10,700 yuan/ton, down 300 yuan/ton from April 22.

According to Chempricehub's analysis of propylene oxide, the bullish/bearish rating stands at -1.5. The report indicates ample supply of propylene oxide, while downstream procurement remains demand-oriented, resulting in moderate market transaction activity. The quoted price of 10,700 yuan/ton represents a decline of 300 yuan/ton (approximately a 2.8% drop) from the previous day. Oversupply combined with weak demand has exerted downward pressure on spot prices, contributing to a significantly bearish outlook. The bullish/bearish rating of -1.5 reflects the notable price decline and sluggish trading activity, highlighting a short-term imbalance between supply and demand in the market, which may continue to suppress spot prices.