On January 6, Shandong Haike Chemical Group Co., Ltd. announced the latest propylene price, which was raised by 50 yuan/ton to 5,780 yuan/ton. The 60,000 tons/year propylene plant is operating smoothly, with normal shipments. PriceSeek analysis of propylene: Bullish-Bearish Score: 1. The spot price of propylene from Shandong Haike Chemical has been increased by 50 yuan/ton to 5,780 yuan/ton, indicating a strengthening price on the supply side, which may reflect increased market demand or enhanced cost support, benefiting the spot price of propylene. The smooth operation of the plant and normal shipments indicate stable supply, but the upward adjustment in the quoted price signals positivity, suggesting a rise in bullish sentiment in the short-term spot market.