According to the monitoring data of business agency, as of August 88, 2022, the average ex factory price of domestic industrial grade propylene glycol was 7433 yuan / ton. Compared with the price on August 1, 2022 (the reference ex factory price of propylene glycol was 7716 yuan / ton), the price decreased by 283 yuan / ton, a decrease of 3.67%.
| Azodicarbonamide (AC foaming Agent) |
It can be seen from the data monitoring chart of business agency that this week (8.1-8.5), the domestic propylene glycol market price continued the downward trend at the end of July, and the overall trend continued to run downward. At the beginning of this week, the propylene glycol market was in weak consolidation operation, with heavy market wait-and-see sentiment, cautious downstream demand, slow delivery pace of propylene glycol factories, and blocked supply and demand transmission. On August 5, some propylene glycol factories again lowered the ex factory price of propylene glycol by about 200-500 yuan / ton. As of August 5, the ex factory price of domestic propylene glycol was around 7200-7500 yuan / ton, and the high-end price in the field was around 7800 yuan / ton. At present, the on-site wait-and-see mood is still strong, and most transactions are mainly through negotiation.
| povidone Iodine |
On the upstream propylene oxide side, at the beginning of August (8.1-8.4), the overall market of propylene oxide in Shandong showed a slight increase. According to the data monitoring of the business agency, as of August 4, the reference price of propylene oxide was 9000 yuan / ton, an increase of 0.37% compared with August 1 (8966.67 yuan / ton).
Future trend analysis
At present, the downstream demand side of propylene glycol has not been greatly improved, and the overall effective support in the field is still slightly weak. The propylene glycol data analyst of business society believes that in the short term, the domestic propylene glycol market is weak and consolidation operation is the main trend. The specific trend needs to pay more attention to the basic changes in the supply and demand side and the follow-up of new orders.
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