Rising domestic propylene glycol

Rising domestic propylene glycol wide market yesterday, the current domestic propylene glycol plant capacity utilization is low, and the early stage of the export orders, deliveries, the factory no inventory pressure remained pretty price will rise, domestic downstream is given priority to with cautious wait-and-see, the overall atmosphere slant cold and cheerless, but short supply tight, propylene glycol market remained certain upside, raw material in the end, The cycloc market shows a strong trend in the north and a weak trend in the south, and northern cycloc factories are still willing to raise prices. Comprehensive analysis shows that there is still a certain upward space in the short-term domestic propylene glycol market. 

Basically，the main reasons for PG price rising:

1) factories receiving many orders, more than 1000mt, downstream demand is recovering

2) factories have plan to check the machine, some are stopped, some will come to stop.

3) many downstreams are looking forward "Golden September, Silver October", this is like a warm up for the market

Continue to pay attention to the PO trend in the afternoon market and the new order dynamics in the market.