January 15th News On January 15th, Shandong Haike Chemical Group Co., Ltd. announced the latest price for propylene, which was raised by 100 yuan/ton to 6,050 yuan/ton. The company’s 60,000-ton/year propylene plant is operating smoothly, with normal shipments. Chempricehub Analysis on Propylene Bull-Bear Score: +1.5 Shandong Haike Chemical’s spot price for propylene has been increased by 100 yuan/ton to 6,050 yuan/ton, reflecting an improvement in the supply-demand dynamics of the spot market, possibly driven by stronger downstream demand or cost support. The plant is operating steadily with normal shipments, indicating stable supply. However, the price increase directly benefits spot prices and boosts market optimism. The score of +1.5 indicates a level between moderate and significant positive impact, as the price hike is notable but not an extreme event.