On May 22, Dongying Hualian Petrochemical Co., Ltd. lowered its latest propylene quotation, with the ex-works self-pickup price reduced by 80 CNY/ton to 9,023 CNY/ton. The company’s 80,000-ton/year propylene unit is operating steadily.

Chempricehub comments on propylene: Bull-Bear Score: -1
On the spot side, Dongying Hualian Petrochemical lowered its ex-works self-pickup price for propylene by 80 CNY/ton to 9,023 CNY/ton. The company’s 80,000-ton/year propylene unit runs steadily with no expected reduction in supply, forming a bearish factor for spot propylene prices.

On the futures side, the main propylene contract 2607 on the Zhengzhou Commodity Exchange closed at 8,682 CNY/ton on May 21, 2026, down 69 CNY/ton in a single day. All contracts generally closed lower, indicating a weak short-term futures market with price pressure.