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Propylene prices plunge in Asia amid volatile market conditions

12 Mar 2026 09:30 IST
Propylene prices declined in Asia on Wednesday despite a surge in upstream energy values.

The price drop was driven by need-based purchasing across the region, with limited spot activity weighing on overall market sentiment.

FOB Korea propylene prices were assessed at USD 1065-1075/mt levels, a sharp drop of USD (-30/mt) from Tuesday's assessed levels.

CFR China propylene prices were assessed at USD 1095-1105/mt levels, sharply lower by USD (-30/mt) from the previous day.