April 20th News — On April 20th, Shandong Lihuayi Weiyuan Chemical adjusted the ex-factory listed price of propylene glycol to 9,800 yuan/ton, a reduction of 300 yuan/ton. Chempricehub analysis of propylene glycol shows a bearish score of -1.5. The ex-factory listed price of propylene glycol from Shandong Lihuayi Weiyuan Chemical was lowered by 300 yuan/ton to 9,800 yuan/ton, a decrease of approximately 3%, indicating market oversupply or weakened demand, which has a significant bearish impact on spot prices. This price adjustment may lead to downstream procurement hesitation, intensifying downward pressure in the spot market, and prices may face further pressure in the short term.