Morpholine Knowledge Propylene glycol prices fell after rising

Propylene glycol prices fell after rising

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According to the monitoring data of Business Club, as of August 20, the average ex-factory price of domestic industrial-grade propylene glycol was 17,316 yuan/ton, which was the same as that of August 18 (propylene glycol reference Compared with the price of 17,466 yuan/ton), the average price dropped by 150 yuan/ton, or 0.86%. Compared with August 15 (propylene glycol reference price of 17,166 yuan/ton), the average price increased by 200 yuan/ton, or 0.87%. Compared with August 1 (propylene glycol reference price 16,600 yuan/ton), the average price increased by 716 yuan/ton, an increase of 4.32%.

In early August, the domestic propylene glycol market as a whole rose steadily. Entering the 16th of this week, the domestic propylene glycol price continued to increase by 200-500 yuan/ton. The ex-factory price of propylene glycol in Shandong has risen to 17,400-17,500 yuan/ton. The atmosphere in the market is average, and the middle and lower reaches continue to need purchases. In terms of supply, the overall operating rate of propylene glycol equipment this week has basically remained unchanged. Therefore, overall the supply has not changed much. The inventories of individual manufacturers are low, and prices have basically remained strong in the middle of the week. As the weekend approaches, the supply side all increases. On the 19th and 20th, the propylene glycol market was stable and fluctuated slightly. The quotations of propylene glycol from individual factories were lowered by 200-300 yuan/ton. The ex-factory quotation of propylene glycol in Shandong dropped to 16,900-17,400 yuan. /tonnear. At present, the market transaction atmosphere has weakened.

This article is from the internet and does not represent Morpholine position. Please indicate the source when reprinting.https://www.51dmapa.com/propylene-glycol-prices-fell-after-rising/

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