On January 4th, Shandong Lihuayi Weiyuan Chemical's propylene glycol ex-factory listed price was 5,300 RMB/ton, a decrease of 50 RMB/ton. PriceSeek analysis of propylene glycol, long-short score: -1. Shandong Lihuayi Weiyuan Chemical's propylene glycol ex-factory listed price was lowered by 50 RMB/ton to 5,300 RMB/ton, reflecting ample market supply or weakening demand, which may lead to downward pressure on spot prices. This event is considered a general bearish factor, as the price adjustment is relatively small and based on ex-factory price changes, without indicating a significant supply-demand imbalance.