May 12 News
On May 12, Shandong Lihuayi WeiYuan Chemical's ex-factory listed price for propylene glycol was set at 8,400 RMB/ton, down 300 RMB/ton from the previous day.

Chempricehub Analysis of Propylene Glycol
Bullish/Bearish Rating: -1

On May 12, Shandong Lihuayi WeiYuan Chemical's ex-factory listed price for propylene glycol was executed at 8,400 RMB/ton, down 300 RMB/ton from yesterday. The reduction in the manufacturer’s listed price reflects relatively high delivery pressure in the spot supply side, exerting moderately bearish pressure on spot propylene glycol prices. In the short term, spot prices face downward pressure.