April 15th — On April 15th, Shandong Lihuayi Weiyuan Chemical announced a reduction in the ex-factory listed price of propylene glycol by 700 yuan/ton to 10,000 yuan/ton. Chempricehub's analysis of propylene glycol indicates a bearish sentiment with a score of -1. The report highlights that the price cut by Shandong Lihuayi Weiyuan Chemical reflects ample market supply or weak demand, exerting downward pressure on spot prices. The significant price reduction signals a short-term supply-demand imbalance, representing a generally bearish impact.