According to the monitoring data of the Business Society, as of January 31, the ex-factory price of domestic industrial-grade propylene glycol was a reference price of 13,266 yuan/ton, which was the same as that on January 25 (reference price of 13,300 yuan/ton). Compared with January 1 (reference price of 12,633 yuan/ton), the average price increased by 1,933 yuan/ton, an increase of 17.06%.
Starting from the beginning of January, the domestic industrial-grade propylene glycol market rose steadily under the dual support of rising raw materials and low inventory, and ran at a high level until late January. Towards the end of the month, the propylene glycol market fluctuated and adjusted. The price of the raw material propylene oxide remained weak and stable, and the support for the cost of propylene glycol weakened. On the 27th and 28th of the month, the transaction price of the propylene glycol market was loose. It was said that the profit margin was 200-300 yuan/ton, as of January 31. , the overall market price of domestic industrial grade propylene glycol is still at a high level, with the reference transaction price around 13,000-14,000 yuan/ton.
In terms of supply, at present, the overall operation of propylene glycol production enterprises is at a low level, with an operating rate of about 40%. Previously, the propylene glycol equipment of a large Shandong factory had not been started after maintenance. Secondary holders have a shortage of spot supply. Although the overall inventory is low, factories continue to actively increase orders. At the end of January, small profit concessions were mainly started, and the actual transaction price can be negotiated.
In terms of demand, the downstream industry continues to have urgent purchases. At the same time, affected by transportation and other factors, the increase in new orders is average. Propylene glycol is currently running at a high level and weakly.
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