Chemicals Updates

Asian Propylene: Falls $5-$8/mt WOW amid rising supplies / Downstream polypropylene market bearish / Shandong market weakest since June 2023

Aug 04, 2025

Asian propylene prices fell $5-$8/mt week over week Aug. 1, dragged down by rising supplies and a bearish downstream polypropylene market. CFR China propylene down $5/mt week over week at $765/mt Aug. 1. the FOB Korea propylene price $8/mt lower at $730/mt during the same period. Asia’s propylene market sentiment weakened amid rising supplies, notably in China. Some market sources said that, for July, China’s propylene production increased, and this trend will likely continue in August. China’s local propylene price was also weaker. The Shandong propylene market price fell Yuan 50/mt day over day to Yuan 6,200/mt Aug. 1, the lowest level since June 27, 2023, when the price was assessed at Yuan 6,120/mt, data showed. East China propylene stable from the previous day at Yuan 6,375/mt Aug. 1. Supplies...

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