Propylene prices fall in parts of Asia amid cautious buying interest

Last week, propylene prices slipped in parts of the Asian region.

An industry source in Asia informed a Polymerupdate team member, “Asian propylene prices moved lower as cautious buying interest continued to weigh on market sentiment. Demand for prompt cargoes remained limited, with buyers delaying fresh purchases amid uncertainty over the geopolitical situation and its potential impact on regional trade flows and energy markets. Weak downstream demand further dampened trading activity, adding pressure to prices across the region.”

CFR China propylene prices were assessed at USD 1245–1255/mt levels while CFR Taiwan propylene prices were assessed at USD 1295–1305/mt levels, both week-on-week decreased by USD (-10/mt).

CFR South East Asia propylene prices were assessed at USD 1325–1335/mt levels, lower by USD (-30/mt) from the previous week.

Meanwhile, FOB Korea propylene prices were assessed as stable at USD 1240–1250/mt levels.