Pricing Data
Propylene Forecast
US Gulf propylene is projected to strengthen short term on outage-driven tightness before stabilizing into June.
Next 7 Days
trending_upLikely Rise
Next 30 Days
circleStable
Confidence
4/5
Key Drivers
- check_circleUnplanned cracker outage
- check_circleLean polymer-grade stocks
Risks
- warningFaster-than-expected restart
- warningWeaker PP operating rates
Updated 10 May 2024
Related Forecasts
Methanol
Near-term methanol prices are expected to firm on stronger MTO run rates and lean coastal stocks in China.
Ethylene
European ethylene looks balanced near term, with modest downside risk as cracker restarts ease supply tightness.
Benzene
Asia benzene is expected to remain range-bound this week, with a mild upward bias over 30 days on styrene recovery.