Propylene prices quote lower in Korea

On Wednesday, propylene prices fell in Korea while remaining stable in China.

FOB Korea propylene prices on Wednesday were assessed at the USD 725-735/mt levels, a drop of USD (-10/mt) from Tuesday. An industry source in Asia informed a Polymerupdate team member, "Prices declined on the back of weaker regional buying sentiment."

Meanwhile, CFR China propylene prices on Wednesday were assessed at the USD 765-775/mt levels, unchanged day on day.

In plant news, Tianjin Bohai Chemical is in plans to bring on stream its Polypropylene (PP) unit by mid-August 2025. The unit was shut for maintenance on July 3, 2025. Located in Tianjin, China, the unit has a production capacity of 300,000 mt/year.