April 30 News – On April 30, Shandong Lihuayi Weiyuan Chemical Co., Ltd. cut its ex-factory listed price for propylene glycol by 200 yuan/ton to 9,200 yuan/ton.

Chempricehub Analysis of Propylene Glycol – Long/Short Rating: -1
Shandong Lihuayi Weiyuan Chemical lowered its ex-factory listed price for propylene glycol by 200 yuan/ton to 9,200 yuan/ton, reflecting increased market supply or weakened demand, which exerts bearish pressure on spot prices. The price cut may be attributed to elevated inventory levels at the producer or softening downstream demand. In the short term, the spot market is likely to continue its weak trend.