The latest price of propylene glycol (3-29): 8500 RMB / ton, the market outlook will be consolidated

Analysis points: The price of propylene glycol was lowered by 216 RMB/ton compared with the previous working day, a drop of 2.49%. At present, the propylene glycol market as a whole is showing a weak trend. The downstream demand for propylene glycol is insufficient, the downstream propylene glycol has limited digestion of raw materials, and the transmission of supply and demand is slow. Under the constraints of the demand side, the center of gravity of the propylene glycol market is moving downward.

Market outlook forecast: At present, the trading atmosphere in the propylene glycol market is light, and the wait-and-see mood is strong. It is expected that in the short term, the overall domestic propylene glycol market will mainly adjust and operate within a narrow range.

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