Asian PP: Chinese prices rise on stronger crude; SE Asia stable / Domestic prices up 400 yuan/mt week over week / Thin trading in Vietnam amid holidays / Upstream propylene prices rise

Sep 05, 2026

Chinese polypropylene prices strengthened in the week to Sept. 2 on the back of higher feedstock propylene prices. domestic Chinese raffia up 200 yuan/metric ton day over day and up 400 yuan/mt week over week at 9,550 yuan/mt ex-works China. PP Raffia FOB China up $20/mt day over day and up $30/mt week over week at $1,155/mt FOB China. Market sources said the price uptick was mainly due to stronger crude oil prices amid the ongoing Iran-US conflict. The October ICE Brent crude oil futures rose $2.65/barrel, or 2.83%, day over day to $94.940/b as of 8:30 am GMT Sept. 2. In Vietnam, trading remained thin amid the Vietnamese National Day holidays. Market sources said buying appetite was weak ahead of the holidays, with prices remaining largely rangebound. In Southeast...

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