April 29 News – On April 29, the propylene oxide unit of Lihuayi Weiyuan Chemical Co., Ltd. was operating normally, with an ex-factory price of 10,200 RMB/ton, down 500 RMB/ton from April 28. Chempricehub’s assessment of propylene oxide: Bullish-Bearish Score: -1.5. The ex-factory price of propylene oxide fell by 500 RMB/ton compared with the previous day, a decline of approximately 4.67%, indicating ample market supply or weak demand. The unit is operating normally without abnormalities, exerting significant downward pressure on the spot price. The price drop reflects a loose supply-demand balance, potentially driven by increased inventories or weaker downstream procurement, which is negative for the spot market in the short term.
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