April 15 — On April 15, Shandong Zhuohang New Materials (Heze) Co., Ltd. set the ex-factory listed price of propylene glycol at 10,000 yuan/ton, a decrease of 700 yuan/ton.

Chempricehub analysis of propylene glycol, Bull-Bear Score: -1.5
Shandong Zhuohang New Materials lowered the ex-factory listed price of propylene glycol by 700 yuan/ton to 10,000 yuan/ton, indicating market oversupply or weak demand, which exerts significant downward pressure on spot prices. This price adjustment of 7% may reflect industry inventory accumulation or intensified competition, and is expected to drive down overall spot market prices. The score of -1.5 is classified as moderately strong bearish, as the reduction is substantial but not at an extreme event level.