April 16th News: On April 16th, Shandong Lihuayi Weiyuan Chemical adjusted the ex-factory listed price of propylene glycol to 9,900 yuan/ton, a decrease of 100 yuan/ton. Chempricehub's analysis of propylene glycol shows a bearish score of -1. The reduction of 100 yuan/ton in the ex-factory listed price by Shandong Lihuayi Weiyuan Chemical to 9,900 yuan/ton indicates increased supply-side pressure or weak demand, exerting downward pressure on spot prices. This adjustment, representing a decrease of approximately 1%, reflects a loosening market supply-demand balance, which may lead to further pressure on spot prices.