Propylene

Dongying Hualian cuts propylene price 80 yuan/t to 9023; Chempricehub bearish -1; futures weak at 8682.

On May 20, Dongying Hualian lowered propylene ex-factory price by 70 yuan to 9,103 yuan/ton, with stable 80,000-ton/year unit. Chempricehub gave a bearish rating of -1, citing supply stability and fut...

On May 20, Shandong Haike cut propylene price by 70 yuan/ton to 9,100 yuan/ton amid ample supply and weak demand. Futures main contract fell 28 yuan/ton to 8,739 yuan/ton, reinforcing bearish sentimen...

Wanhua Chemical cut acrylic acid price to 9,650 RMB/t in NE China, down 700 RMB/t, with 300kt/yr plant stable. Bearish for spot market; propylene futures settled at 8,544 RMB/t, up 81 RMB/t.

Dongsheng Chemical's new 100,000-ton acrylic resin base in Tongling began production, raising total capacity to 150,000 tons, with a second phase planned. This boosts acrylic acid and propylene demand...

On May 11, Wanhua Chemical cut its acrylic acid price in North China to 10,050 yuan/ton, down 300 yuan. The 300,000-ton unit runs normally. The market sentiment is bearish (-1).

Shandong Haike lowers propylene price by 110 yuan/ton to 9190; spot supply ample, futures weak.

On May 11, Shandong Huifeng Petrochemical cut propylene ex-factory price by 100 yuan/ton to 9,400 yuan/ton. Chempricehub rated it bearish (-1), citing loose supply-demand and weak futures.

Dongying Hualian propylene down 350 to 9273, Chempricehub -1, futures weak.

On May 9, Shandong Haike cut propylene spot price by 100 yuan to 9,300 yuan/ton. Futures main contract fell 202 yuan to 8,268 yuan/ton, indicating bearish sentiment.