On May 9, Dongying Hualian Petrochemical Co., Ltd. adjusted its latest propylene quotation downward, reducing the ex-factory self-pickup price by 350 RMB/ton to 9,273 RMB/ton. The company's 80,000-ton/year propylene unit is operating steadily. Chempricehub commented on propylene, with a bull-bear score of -1.

In the spot market, the ex-factory self-pickup price of propylene from Dongying Hualian was lowered by 350 RMB/ton to 9,273 RMB/ton. The manufacturer's 80,000-ton/year propylene unit is running steadily, with insufficient support from the supply side, putting pressure on spot prices.

In the futures market, on May 8, all propylene contracts on the Zhengzhou Commodity Exchange generally closed lower. The main contract, 2607, closed at 8,268 RMB/ton, down 202 RMB/ton, with open interest increasing by 1,457 lots. The bearish positioning was relatively strong, and the short-term futures trend is weak, overall exerting a moderately bearish impact on propylene prices.