March 13th Update: On March 13th, Shandong Haike Chemical Group Co., Ltd. announced the latest price for propylene, which was raised by 100 yuan/ton to 8,100 yuan/ton. The 60,000-ton/year propylene plant is operating smoothly, with normal shipments. Chempricehub's analysis of propylene gives a bullish-bearish score of 1.5. Shandong Haike's increase in the spot price of propylene by 100 yuan/ton to 8,100 yuan/ton indicates tight supply and strengthening demand in the spot market, which significantly supports spot prices. In the futures market, the main propylene contract 2605 (Zhengzhou Commodity Exchange) closed at 8,054 yuan/ton, up 668 yuan, with a trading volume of 35,673 lots and an increase in open interest by 140 lots, reflecting strong bullish expectations in the futures market. It is expected that both spot and futures prices of propylene will maintain an upward trend in the short term.