January 13th News
On January 13th, Binhua Group quoted the price of propylene oxide at 8,400 yuan per ton, an increase of 200 yuan per ton compared to the previous day. Chempricehub analyzed propylene oxide with a long-short score of 2. The spot price of propylene oxide rose by 200 yuan per ton to 8,400 yuan per ton compared to the previous day, indicating a tight supply-demand balance in the market, possibly due to reduced supply from the production side or increased downstream demand. This significant increase constitutes a major positive factor for spot prices and is expected to boost market bullish sentiment, driving short-term spot prices further upward.