January 6th News: On January 6th, Shandong Haike Chemical Group Co., Ltd. announced the latest propylene price, which was increased by 50 yuan/ton to 5,780 yuan/ton. The 60,000 tons/year propylene plant is operating stably with normal shipments. Chempricehub analysis of propylene: Bullish-Bearish Score: 1. Shandong Haike Chemical's spot propylene price has been raised by 50 yuan/ton to 5,780 yuan/ton, indicating a strengthening price on the supply side. This may reflect increased market demand or enhanced cost support, which is favorable for spot propylene prices. The stable operation of the plant and normal shipments indicate a stable supply. However, the upward adjustment in the quoted price signals positivity, and it is expected that bullish sentiment in the short-term spot market will intensify.