March 23rd — On March 23rd, Shandong Lihuayi Weiyuan Chemical set the ex-factory listed price of propylene glycol at 8,500 yuan/ton, representing an increase of 1,400 yuan/ton compared to the previous trading day. Chempricehub Analysis for Propylene Glycol: Bull-Bear Score: 2. Shandong Lihuayi Weiyuan Chemical raised the ex-factory listed price of propylene glycol by 1,400 yuan/ton to 8,500 yuan/ton, a significant increase indicating strong market confidence from the producer. This adjustment may stem from a surge in downstream demand or tightening supply, which constitutes a major positive factor for the spot price of propylene glycol. It is anticipated that the spot market will maintain an upward trend in the short term, driving up procurement costs.