According to the monitoring data of Business Club, as of July 31, the ex-factory price of domestic industrial grade propylene glycol was 16,600 yuan/ton, which was the same as the reference price of propylene glycol on July 1 Compared with 16066 yuan/ton), the average price increased by 434 yuan/ton, an increase of 3.32%.
In early July, the domestic propylene glycol factory equipment was undergoing maintenance, the supply of propylene glycol market was reduced, and the downstream fear of rising prices continued to increase. The downstream was active in acquiring goods, and the propylene glycol market was on the upward trend. As of July 15, the average domestic ex-factory price of propylene glycol has risen to 17,566 yuan/ton. Compared with the beginning of the month, propylene glycol has increased by 9.34% in half a month.
In late July, propylene glycol units were put into operation one after another, and on-site supply increased. Due to seasonal effects, downstream demand was average, and the propylene glycol market had insufficient effective support. At the end of the month, propylene glycol The market price plunged sharply. On July 27, the low-end price of propylene glycol in the market fell back to 16,200 yuan/ton. Then the market remained weak until the end of July. According to data monitoring from SunSirs, as of July 31, the domestic average ex-factory price of propylene glycol was referenced. 16,600 yuan/ton. Compared with the price in early July, the average price increased by 534 yuan/ton, with a monthly increase of 3.32%.