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Intensifying Supply-Demand Dynamics Drive Continued Decline in Propylene Prices (November 6–12, 2026)

Published on 2026-11-12
  1. Key Market Focus This Week
  1. Production: Domestic propylene production this week totaled 1.0773 million tons, a decrease of 41,200 tons from the previous week’s output of 1.1185 million tons, representing a drop of 3.68%.

  2. Supply-Demand Gap: The theoretical weekly supply-demand balance for propylene stood at -10,300 tons, indicating a shift in the market structure from oversupply to deficit.

  1. Weekly Market Analysis

Comments

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  • Yuki Tanaka 2026-11-12 20:04
    Propylene prices dropped despite a 3.68% production cut and a -10,300 ton deficit. This suggests weak downstream demand is still overpowering tightening supply. I expect margin pressure to persist until inventory levels ..
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