Propylene Glycol Market Brief (20220418)

Today, the domestic propylene glycol market price continued to decline. At present, downstream demand remains weak. Although some installations have stopped, the supply pressure continues and the price focus continues to decline.

Raw material prices

Today, the Shandong cyclopropane market is running on a wait-and-see basis. The main downstream polyether new orders have not seen a significant increase. However, the price of raw material liquid chlorine has risen widely, and the cost has been supported.

Propylene glycol market trend analysis and forecast

At present, the propylene glycol market demand is still weak, and the downstream factories are operating at a low level. The supply pressure may continue in the short term. It is expected that the domestic propylene glycol market will fluctuate weakly tomorrow.