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Oman (Oman) 73.39
Brent 72.63
Brent Dtd (UK) 72.16
Dubai (UAE) 73.40
SC crude contract 538.6
Shengli (China) 72.57
WTI 69.24
China’s PP output losses increase in Oct
5:40pm 29 Oct, 2024 Sue Wang
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Relevant information
PP granule output up on year in Jan-Nov
PP powder prices slightly rise on supports
Dec PP output expected to rise on unit operations, restarts
PP supply expected to rise significantly in following month
Rising plastic output fails to drive up PP market
PP powder prices stable-to-falling on low costs
PP market stays tepid on weak demand
Narrowing spread btw PP powder and propylene weighs on margins
