According to the monitoring data of business society, as of April 6, 2022, the average ex factory price of domestic industrial grade propylene glycol is 13533 yuan / ton. Compared with the price on April 1, 2022 (the ex factory price of propylene glycol is 14133 yuan / ton), the average price is reduced by 600 yuan / ton, a decrease of 4.25%.

It can be seen from the data monitoring chart of the business agency that in April, the domestic propylene glycol market continued to decline. On the 2nd, the downstream demand for propylene glycol was general, the turnover of propylene glycol in the field was limited, and the shipment of propylene glycol factory was under pressure. The ex factory price of propylene glycol was adjusted downward by about 200-300 yuan / ton. During the Qingming Festival, the trading atmosphere in the propylene glycol venue was light, and the market was temporarily stable. After the festival, the domestic propylene glycol market fell again. The ex factory price of propylene glycol was reduced by about 200-400 yuan / ton, and the ex factory price of domestic propylene glycol was referred to about 13400-13600 yuan / ton. At present, the downstream demand continues to be weak, the pressure on the propylene glycol supply side remains, the wait-and-see mood is heavy, and the overall transaction is general.

On the upstream side of propylene oxide, after the festival, the domestic propylene oxide Market is weak and downward. According to the data of business agency, the reference price of propylene oxide was 11900 yuan / ton on April 6, down 1.11% compared with 12033.33 yuan / ton on April 1.

Future trend analysis

At present, due to the impact of logistics and transportation, the overall downstream demand for propylene glycol is still limited, and the downstream purchase is mainly based on rigid demand. The propylene glycol Data Engineer of business society believes that in the short term, the domestic propylene glycol market will mostly be adjusted in a narrow range, and more attention needs to be paid to the news changes of supply and demand.