Propylene prices in Europe began the week without direction, holding unchanged as oversupply and muted downstream activity weighed on market sentiment. Spot polymer-grade propylene in Northwest Europe was assessed Monday at EUR 775–785 per metric ton on an FD basis, while CIF NWE values stayed flat at EUR 755–765 per metric ton, matching last Friday’s levels.
An industry source in Europe, speaking on condition of anonymity, said that demand from derivative sectors remained subdued, with converters purchasing less material and inventories swelling across the region. “European propylene prices remained stable, but demand was low as downstream industries purchased less material. The market was inundated with excess supplies, with the situation further exacerbated by increased imports from abroad,” the source observed, underscoring the imbalance between ample supply and cautious buying.
Across Asia, the tone was slightly softer. FOB Korea propylene prices slipped to USD 760–770 per metric ton, a decline of USD 5 from Friday’s assessment, as regional participants pointed to a combination of steady output and hesitant buying interest. Traders noted that macroeconomic uncertainty and uneven downstream demand continue to temper sentiment in the Asian market.
The divergence highlights a global propylene landscape defined by steady European benchmarks facing heavy supply and a mild retreat in Asia, as the final quarter of 2025 approaches.
