Add:24th Floor, Xiyue Center, Zhenghong Cyberport, No.33 Jinsuo Road, Zhengzhou 450000, China
The domestic propylene glycol market has been depressed due to high pressure, low negotiation focus, weak demand support, and continuous decline in raw material Cyclopropylene, resulting in a negative cost.
Propylene glycol market is vulnerable to pressure, narrow range consolidation, PO decline in cost area is not reduced, downstream demand support is weak, the market is empty after the supply and demand of propylene glycol, and the short-term propylene glycol market slowly declines.
Propylene glycol is an important raw material of unsaturated polyester, epoxy resin and polyurethane resin, which accounts for about 45% of the total consumption of propylene glycol. This kind of unsaturated polyester is widely used in surface coatings and reinforced plastics. Propylene glycol is widely used as hygroscopicant, antifreeze, lubricant and solvent in food, medicine and cosmetics industry because of its good viscosity, moisture absorption and non-toxicity.
if you want to know more about propylene glycol ,pls feel free to contact me at