On April 20th, the Shandong propylene market saw a broad decline, with a decline of around 150 RMB/ton, with mainstream quotes ranging from 7150 to 7200 RMB/ton. Recently, the propylene market has been continuously rising, and downstream resistance to high prices has intensified. The wait-and-see atmosphere is strong, coupled with the weakening of international oil prices, further dragging down the market situation. Propylene companies are taking advantage of the situation to sell their products.

It is expected that there will be further downward potential in the propylene market in the future, and we will closely monitor the changes in crude oil and market supply and demand.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.