On Monday, the U.S. propylene market remained notably stable, with both polymer-grade and refinery-grade spot prices aligned with end-of-week assessments. Industry sources attribute the steady pricing to subdued trading activity, fueled by widening pricing gaps between buyers and sellers.
Polymer-grade spot delivered propylene was assessed at 31.50–32.00¢/lb FD US Gulf, unchanged from Friday’s levels. Similarly, refinery-grade variant held firm at 30.50–31.00¢/lb FD US Gulf, showing no change from the prior assessment.
A U.S. market insider commented on the cumulative effect of the soft trading environment: “The pricing undertone was largely stable. Trading activity had slowed down amid rising gaps in pricing expectations between buyers and sellers.”
