January 15th News On January 15th, Dongying Hualian Petrochemical Plant Co., Ltd. announced an upward adjustment in the latest propylene quotation. The ex-factory self-pickup price was raised by 120 yuan/ton to 6,053 yuan/ton. The 120,000-ton-per-year propylene unit is operating smoothly. Chempricehub Analysis on Propylene, Bull-Bear Score: +1 The spot price of propylene increased by 120 yuan/ton to 6,053 yuan/ton, indicating a tight supply-demand balance in the market, which is favorable for propylene prices. The smooth operation of the unit rules out supply disruptions, suggesting improved downstream demand or strengthened cost support. The score is +1 (moderately bullish), as the price increase is moderate and not accompanied by supply-side disturbances. It is expected that the spot market will maintain a relatively strong trend in the short term.