Polymer grade propylene (PGP) prices edged lower in the US on Tuesday, weighed down by muted trading activity and subdued demand. An industry source in the US, speaking on condition of anonymity, told a team member that spot PGP prices declined as market momentum remained soft. Spot delivered PGP was assessed at 29.00–29.50 cents/lb FD […]
Propylene prices edged lower across Asia on Monday, weighed down by weak sentiment and subdued buying activity. Market sources told that demand remained tepid, prompting sellers to trim offers in order to stimulate interest. FOB Korea propylene was assessed at USD 745–755 per metric ton, slipping by USD 5 from Friday’s levels. CFR China markers […]
Propylene contract prices in the United States have settled for September 2025, with no change from the previous month. According to a local industry source, polymer grade propylene was agreed at 35.50 cents per pound, while chemical grade settled at 34.00 cents per pound. Both values represent a rollover from August levels. The outcome reflects […]
Refinery grade propylene prices in the United States weakened at the start of the week, pressured by sluggish demand and comfortable supply. An industry source told that sentiment remained largely bearish, with buyers showing little urgency to secure volumes amid ample availability. On Monday, spot delivered refinery grade propylene in the US Gulf was assessed […]
Propylene markets in Europe opened the week flat, with prices left unchanged on Monday. According to an industry source who spoke on condition of anonymity, the numbers held steady but the mood was subdued. Weak buying interest and sluggish demand fundamentals continued to weigh on downstream sectors across the region, leaving buyers hesitant to commit. […]
The U.S. propylene market delivered a split performance last week, with polymer grade propylene (PGP) slipping under the weight of oversupply and muted demand, while refinery grade propylene (RGP) held steady. An industry source told that the polymer grade spot market remains weak due to stable fundamentals. Oversupply and subdued downstream demand continue to exert […]
In response to languishing demand and an already saturated market, a number of Chinese petrochemical producers have scaled back operations at their propane dehydrogenation (PDH) units. The moves collectively affect about 3.8 million tonnes per year in propylene capacity. For many in the industry, this is a signal: the balance between supply and actual consumption […]
Polymer-grade propylene prices edged lower in the US on Thursday, pressured by sluggish buying and a lack of trading momentum. A market source told a team member that spot PGP levels softened as participants stayed cautious, holding back fresh orders in the face of muted downstream demand. Delivered polymer-grade propylene in the US Gulf was […]
Polypropylene prices in Europe softened again this week, weighed down by weak demand and abundant supply. Market players had hoped for a September restocking bounce, but the usual seasonal uptick never arrived. “The typical September restocking did not occur this year, leading to an oversupply,” one trader told a team member. Producers struggled to move […]
S-Oil Corp is preparing to take its No.1 residue fluid catalytic cracker (RFCC) unit in Onsan, South Korea, offline for a scheduled maintenance turnaround later this year, according to market sources. A contact in South Korea said the refinery plans to begin the outage by mid-October 2025, with operations expected to remain suspended until the […]
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