Propylene prices solidified gains across Asia on Monday, buoyed by stronger buying sentiment in key markets. An industry insider told Polymerduniya that improving demand, combined with a slight uptick in crude oil futures amid ongoing supply concerns, helped lift feedstock values.
Specifically, FOB Korea propylene prices rose to USD 740–750/mt, marking a USD +5/mt jump from Friday’s levels. Similarly, CFR China prices climbed to USD 775–785/mt, also up by USD +5/mt.
In plant developments, SK Advanced restarted its propane dehydrogenation (PDH) unit in Ulsan on August 9, 2025, following an unplanned shutdown that began on July 21 due to technical issues. The unit boasts a propylene output capacity of 600,000 mt/year.
