March 20th news: According to customs data, China's propylene exports in January 2026 reached 28,000 tons, marking a month-on-month increase of 1,300% but a year-on-year decrease of 600%. The average price was $1,440 per ton, up 70.94% month-on-month. Chempricehub analysis of propylene, with a long-short score of +1: The article indicates that propylene exports in January 2026 surged by 1,300% month-on-month, and the average price rose by 70.94% month-on-month to $1,440 per ton, suggesting strong short-term overseas demand, which supports spot prices. However, the year-on-year decline of 600% reflects the risk of long-term demand weakness. Combined with propylene futures data, the settlement price of the main contract 2605 was 8,768 yuan per ton (down 49 yuan), with a trading volume of 19,740 lots, indicating pressure in the futures market, possibly dragged down by the year-on-year data. Overall, the data is favorable for the spot market but has a neutral-to-bearish impact on futures, with a score of +1 (generally positive) based on the short-term upward price trend.