Morning Market Update: Propylene Glycol
International crude oil prices rose on geopolitical tensions. Propylene oxide supply remained ample, while downstream demand was weak. However, propylene...
International crude oil prices rose on geopolitical tensions. Propylene oxide supply remained ample, while downstream demand was weak. However, propylene...
PG prices fell ~1.5% due to softened demand despite stable supply and rising PO costs. Profit margins dropped significantly. Next week, PG is forecasted to...
On Oct 21, crude oil prices mixed amid Middle East instability. The Propylene Oxide (PO) market lacked bullish support, with stable raw materials but weak...
Crude oil prices declined on Oct 20 amid easing U.S.-Iran tensions. The propylene oxide market softened slightly with weak momentum and inventory buildup,...
PG prices softened in Shandong due to ample supply and weak demand, while East and South China remained stable. Raw material costs declined, with PO trending...
In September 2026, China's propylene glycol imports reached 5,315.53 tons, marking a 39.17% month-over-month increase and a 5.65% year-over-year rise,...
China's propylene glycol exports reached 43,600 tons in September 2026, marking an 8.92% month-on-month increase and a significant 77.72% year-on-year rise,...
On October 19, Shandong Liuhua Yiweiyuan Chemical raised its ex-factory price for propylene glycol by 50 yuan/ton to 8400 yuan/ton.
Geopolitical tensions and the Russia-Ukraine war drove crude oil prices higher, boosting sentiment in the Propylene Oxide (PO) market despite initial declines....
No equipment fluctuations occurred. Propylene oxide prices dropped 300 RMB/ton, weakening cost support for propylene glycol (PG). PG prices declined across...
