April 29 News – On April 29, Xinyue Group reported sufficient supply of propylene oxide, with downstream procurement strictly on demand and moderate overall market transaction activity. The company’s ex-factory quotation was 10,200 yuan/ton, down 500 yuan/ton from April 28.

According to Chempricehub’s assessment of propylene oxide, the bullish-bearish score stands at -1.5. The article indicates ample supply of propylene oxide, downstream procurement limited to immediate needs, and generally moderate market transactions. Xinyue Group’s quotation decreased by 500 yuan/ton from the previous day to 10,200 yuan/ton. Oversupply combined with weak demand is putting downward pressure on spot prices, and a continued declining trend is expected in the short term. The score of -1.5 reflects a moderately bearish sentiment, attributed to the notable price drop (approximately 4.7% decrease), though no extreme supply-demand imbalance has occurred.