March 18th News — On March 18th, Dongying Hualian Petrochemical Co., Ltd. announced an upward adjustment in the latest propylene quotation. The ex-factory self-pickup price was raised by 50 yuan/ton to 8,033 yuan/ton. The company's 120,000-ton-per-year propylene plant is operating smoothly.

Chempricehub's analysis of propylene indicates a bullish-bearish score of 1. The increase of 50 yuan/ton in the ex-factory price to 8,033 yuan/ton suggests strong spot market demand or tightening supply. The stable operation of the plant rules out supply disruption risks, which is favorable for spot prices. Combined with the latest futures data (such as the closing price of 8,410 yuan/ton for the Zhengzhou Commodity Exchange contract 2605 on March 17, 2026, despite a negative change), the rise in spot prices may boost expectations in the futures market, driving a price rebound and overall favorable market conditions.