April 3rd News: On April 3rd, Shandong Haike Chemical Group Co., Ltd. announced the latest price for propylene, which was increased by 600 yuan/ton to 9,500 yuan/ton. The 60,000 tons/year propylene plant is operating smoothly, with normal shipments. Chempricehub analysis of propylene, bullish-bearish score: 2. Shandong Haike Chemical has raised the spot price of propylene by 600 yuan/ton to 9,500 yuan/ton, indicating strong market demand. The stable operation of the plant ensures a steady supply, which is favorable for spot prices. Considering the recent contract data for propylene futures (such as the settlement price of 8,751 yuan/ton for the Zhengzhou Commodity Exchange 2605 contract, with a change of +32.00), the rise in spot prices may drive futures prices upward, as the futures market reflects spot price expectations. Overall, this constitutes a significant positive factor for the propylene market.