Morning Market Update: Propylene Glycol
International crude oil prices rose on geopolitical tensions. Propylene oxide supply remained ample, while downstream demand was weak. However, propylene...
International crude oil prices rose on geopolitical tensions. Propylene oxide supply remained ample, while downstream demand was weak. However, propylene...
Middle East instability persists, but Russia-Ukraine peace hints cause mixed crude oil movements. Domestic unsaturated resin operating rates rose to 35%....
On Oct 21, crude oil prices mixed amid Middle East instability. The Propylene Oxide (PO) market lacked bullish support, with stable raw materials but weak...
Crude oil prices declined on Oct 20 amid easing U.S.-Iran tensions. The propylene oxide market softened slightly with weak momentum and inventory buildup,...
PG prices softened in Shandong due to ample supply and weak demand, while East and South China remained stable. Raw material costs declined, with PO trending...
Geopolitical tensions and the Russia-Ukraine war drove crude oil prices higher, boosting sentiment in the Propylene Oxide (PO) market despite initial declines....
No equipment fluctuations occurred. Propylene oxide prices dropped 300 RMB/ton, weakening cost support for propylene glycol (PG). PG prices declined across...
Houthi attacks on Saudi facilities and rising crude oil prices have heightened supply risks, driving international benchmarks up. Domestically, unsaturated...
Propylene Glycol prices declined across major regions due to weak downstream demand, despite cost support. Production utilization remained low at 50%, though...
Propylene oxide prices rose to 11,300 CNY/ton due to strong cost support from rising propylene and liquid chlorine. Propylene glycol also gained slightly to...
