The US propylene glycol market entered early March with a cautiously firm tone after closing February with moderate price gains, as market participants began factoring upstream volatility associated with ongoing Middle East tensions. During February, trading activity in the US propylene glycol market followed a controlled but fluctuating trajectory. The month began with a slight pullback in the first week as buyers relied on previously accumulated inventories, but market sentiment gradually improved as inquiries from pharmaceutical and personal care sectors strengthened through mid-February. Suppliers maintained steady production rates and there were no major logistics disruptions or plant outages reported during the period. By the latter half of the month, the propylene glycol buyers who were seeking immediate cargoes began engaging more actively in spot discussions, leading to incremental price adjustments. However, industrial-grade consumption remained relatively stable rather than expanding significantly, which prevented stronger price escalation. The propylene glycol...
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