Propylene markets in both Europe and Asia began the week on a stable note, with prices showing no significant changes from the previous trading session. Market participants report that steady demand across key downstream sectors is keeping values supported, even as broader energy and feedstock markets remain volatile.
In Europe, spot polymer-grade propylene prices on Monday were assessed in the range of Euro 770–780 per metric ton FD NWE, unchanged from Friday’s levels. Similarly, CIF NWE prices were reported at Euro 770–780 per metric ton, also holding flat compared to the end of last week. According to an industry source in the region, who spoke on condition of anonymity, “Prices held steady, supported by consistent regional demand.” This stability reflects balanced fundamentals, with neither oversupply pressures nor sudden demand spikes disrupting the market.
Asian propylene prices followed a similar trend, with assessments on Monday reported at USD 755–765 per metric ton FOB Korea. These values were also unchanged from Friday, underscoring the relatively quiet trading activity in the region. Market watchers suggest that the current equilibrium may persist in the short term, although any shifts in downstream polymer demand or refinery operating rates could quickly alter the landscape. For now, both regions appear to be navigating a phase of stability, with buyers and sellers maintaining a wait-and-watch approach.
