On January 16, Dongying Hualian Petrochemical Plant Co., Ltd. raised its latest propylene quotation, increasing the ex-factory self-pickup price by 50 yuan/ton to 6,103 yuan/ton. The 120,000-ton/year propylene plant is operating smoothly. PriceSeek analysis of propylene, with a long-short score of 1, reports that Dongying Hualian Petrochemical Plant has raised the ex-factory self-pickup price of propylene by 50 yuan/ton to 6,103 yuan/ton, indicating strong spot market demand or cost support, which is favorable for propylene prices. The stable operation of the plant ensures steady supply, further supporting the short-term upward trend in prices.
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