February 2nd News: On February 2nd, Shandong Haike Chemical Group Co., Ltd. announced the latest propylene quotation, which was lowered by 20 yuan/ton to 6,380 yuan/ton. The 60,000-ton-per-year propylene plant is operating smoothly with normal shipments. Chempricehub analysis of propylene, long-short score: -1. Shandong Haike Chemical reduced the propylene quotation by 20 yuan/ton to 6,380 yuan/ton, indicating sufficient market supply or weakened demand, leading to a decline in spot prices. The stable operation of the plant and normal shipments reinforce expectations of stable supply, exerting a generally bearish impact on propylene spot prices.