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SC crude contract 538.1
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Oman (Oman) 73.87
Brent 73.87
Brent Dtd (UK) 74.20
Dubai (UAE) 74.00
SC crude contract 538.1
Shengli (China) 76.65
WTI 70.38
Analysis of China newly-added PP units in Q1 and Q2 2024
11:50am 27 Mar, 2024 Estelle Guo
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Relevant information
China’s PP output losses increase in Oct
PP market stays tepid on weak demand
Narrowing spread btw PP powder and propylene weighs on margins
PP supply expected to drop in Oct
PP granule output rises in first three quarters
China PP exports fall on sluggish overseas demand
China PP powder prices weak against rising propylene price
Macro environment supports China PP market
