PG Current Market INFO

    This week, the domestic propylene glycol market is running weakly. The downstream-unsaturated resin is affected by the rainy season in the south, and the overall operating rate continues to decline. Therefore, the rigid demand is limited, the polyether market atmosphere is still deserted, and the overall stalemate is dominated.

    Yesterday, the raw material - PO was temporarily stable, showing a stalemate to weaken trend in the short term, so the cost support of propylene glycol was loose.

    It is expected that the domestic propylene glycol market will still be weak in the short term, we need to continue to pay attention to the trend of propylene oxide in the market outlook and the dynamics of new orders in the market.