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Propylene Glycol Ether and Ester Market Tips - July 8

2019-07-08

Last week, the domestic propylene glycol market was adjusted in a narrow range. The market price of raw material CMC was generally higher, and the support cost of propylene glycol was better. However, the downstream terminals in the field continued to purchase just now. The atmosphere of negotiation was general, the foreign trade orders were good, and the inventory pressure on the market was not large. The industry is concerned about cost and supply and demand changes.

Last week, the raw material propylene oxide market was successively raised, the acetic acid market was temporarily stabilized, the cost end support of propylene glycol ether and ester was still insufficient, and the downstream demand was general. On-demand procurement was the main reason.

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Disclaimer: Echemi reserves the right of final explanation and revision for all the information.

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