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Multiple Positive Catalysts Converge: Propylene Prices Break Through the 10,000 Yuan/Ton Threshold Again (Oct. 2–8, 2026)

Published on 2026-10-08

Key Market Focus for the Week
1. Production: China’s propylene output reached 1.1433 million tons this week, an increase of 19,900 tons from last week (1.1234 million tons), representing a growth rate of 1.99%.
2. Capacity Utilization: During the period from October 1 to October 8, 2026, the capacity utilization rate of China’s Propane Dehydrogenation (PDH) sector stood at 69.27%, up by 2.80 percentage points compared to the previous cycle.
Weekly Market Analysis

Hannah Berg 2026-10-09 09:25

Propylene breaking 10k yuan/ton is bullish for margins, but rising PDH utilization at 69.27% signals potential supply pressure. I expect feedstock costs to stay volatile, limiting long-term gains despite current downstre..

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