According to the monitoring data of the Business News Agency, as of February 10, 2023, the reference market price of domestic industrial propylene glycol was 8333 yuan/ton. Compared with February 5 (the reference price of propylene glycol was 8066 yuan/ton), the price increased by 267 yuan/ton, or 3.31%.
| ferric sulfate (Poly ferric sulphate) |
It can be seen from the data monitoring chart of the business agency that this week (2.06-2.10), the domestic propylene glycol market overall showed an upward trend. At the beginning of the week, the cost support for propylene glycol from the rising market of raw material propylene oxide continued to strengthen, and the market center of propylene glycol continued to strengthen, the stock on the market was controllable, and some manufacturers limited shipment. As of February 10, the domestic propylene glycol market price was around 8200-8500 yuan/ton, and the price was increased by about 200-400 yuan/ton compared with the beginning of the week.
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Future trend analysis
At present, the intra-field trading atmosphere of propylene glycol is mild, and the downstream demand is steadily released. Supported by the cost side, the propylene glycol industry is in a good mood. The propylene glycol statistician of the business agency believes that in the short term, the domestic propylene glycol market is mainly stable, moderate and strong, and more attention should be paid to the changes in the supply and demand information.
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