According to the monitoring data of the business agency, as of August 28, the average ex factory price of domestic propylene glycol was 7800 yuan / ton, which was 66 yuan / ton lower than that on August 27, and 166 yuan / ton or 2.09% lower than that on August 24.
| Gamma Polyglutamic acid food grade |
Today’s domestic propylene glycol market weak, factory offer again narrow adjustment
On August 28th, the domestic propylene glycol market was in a weak state. The on-site inventory was still on the high side, and the sales pressure was gradually increasing. The demand for propylene glycol in the downstream was general, and only rigid demand procurement was maintained, and sporadic small orders occupied a large number. In order to increase the shipping opportunities and relieve the inventory pressure, most of the manufacturers have cut profits one after another by reducing the ex factory price of propylene glycol by 50-100 yuan / ton. At present, the ex factory price reference of propylene glycol in Shandong is around 7800-7900 yuan / ton; that in South China is around 8000 yuan / ton; that in East China is 7700-7800 yuan / ton Near.
The current market prices of propylene glycol in some areas of China are attached (data for reference only, unit: yuan / ton)
| gamma polyglutamic acid fertiliser(fertilizer) grade |
Product name up and down on 8 / 27 / 8 / 28
Propylene glycol in East China 7900 7800 – 100
South China 8100 8000 – 100
Shandong 7900 7800 – 100
It is expected that the price of propylene glycol will be weak in the short term
This month, the import volume of propylene glycol is still high, which leads to the impact of domestic propylene glycol supply, accumulated inventory and weak downstream demand. In addition, it is not heard that the factory has maintenance plan in the near future. Under various factors, it is expected that the market price of propylene glycol will be limited in the short term, and the cost of raw material epoxypropane will still be able to provide cost support. It is expected that the price of propylene glycol will be weak and stable operation will be the main factor Individual manufacturers eased inventory pressure and continued to sell at a profit, driving the market down slightly again.
| Gamma Polyglutamic Acid |