According to the monitoring data of business agency, as of August 13, the ex factory price of domestic industrial grade propylene glycol was 17166 yuan / ton. Compared with the price on August 9, the average price was increased by 100 yuan / ton, or 0.59%. Compared with the price on August 1, the average price increased by 566 yuan / ton, or 3.14%.

This week, the overall domestic propylene glycol market was stable and rose slightly. In terms of cost, the recent upward trend of raw material propylene oxide has given propylene glycol cost support. In terms of devices, the devices of Shandong propylene glycol large plant have been started and stopped this week, and the overall operating rate is still slightly low. Therefore, in terms of supply, the overall pressure of propylene glycol is small, the supply is low, and the propylene glycol market rose slightly at the weekend. At present, as of August 13 this weekend, the domestic propylene glycol market price reference is around 17100-17500 yuan / ton. According to the monitoring data of business society, the ex factory price of domestic industrial propylene glycol is 17166 yuan / ton, an increase of 0.59% during the week compared with the price at the beginning of the week.

In terms of upstream propylene oxide, the domestic propylene oxide price fell in late July. In August, propylene oxide stopped falling and rose, and the market situation continued to rise. As of August 13, the reference price of propylene oxide was 17025 yuan / ton, an increase of 4.45% compared with August 1 (16300 yuan / ton).

Future trend analysis

At present, there is little pressure on the supply of propylene glycol plants. In the short term, there are many favorable factors for propylene glycol. Therefore, propylene glycol analysts of business society believe that the market situation of propylene glycol will be stable and strong.