Asian Propylene: Prices rise amid downstream restocking / CFR China up $20/mt on day / LG Chem to restart Yeosu No. 2 cracker

Oct 12, 2026

Asian propylene prices strengthened in the week to Oct. 9 amid an uptick in downstream purchasing activity and higher feedstock costs. propylene FOB Korea up $20/metric ton day over day and $75/mt week over week at $1,260/mt and CFR China up $20/mt day over day and up $75/mt week over week at $1,300/mt. Market sources said strong crude oil prices continued to support propylene prices. Downstream demand in China also strengthened across the week amid increased buying appetite after the Golden Week holidays. PP Raffia CFR Far East Asia was assessed up $30/mt day over day at $1,245/mt on Oct 9. Meanwhile, trading was thin in the Taiwan propylene market amid continued slow downstream demand and the National Day holiday Oct 9. Southeast Asia also saw muted discussions across the...

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