According to the monitoring data of SunSirs, as of November 10, 2022, the reference price of domestic industrial propylene glycol was 8,133 RMB/ton, which was 117 RMB/ton lower than that of November 7 (8,250 RMB/ton), a 1.41% drop. As of November 10, the price of domestic industrial propylene glycol was around 7,900-8,300 RMB/ton.
It can be seen from the data monitoring chart of SunSirs that this week (11.7-11.10), the overall domestic propylene glycol market fell slightly. The main factors influencing the weak decline of domestic propylene glycol market were analyzed from the following two aspects:
It is said that in the fourth quarter, propylene glycol field devices may increase, and the downstream wait-and-see mood may continue under the increase of supply, and the purchase will be more cautious. According to the propylene glycol data engineer of SunSirs, in the short term, the domestic propylene glycol market tends to be weak and finishing, and more attention should be paid to the changes in the information on the supply and demand side.