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Market Pulse Scope reports China's propylene benchmark closed at CNY 12,001 per tonne on October 30, up 9.1% on the week, with industry averages rising about 19% on the month. The rally follows propane dehydrogenation unit shutdowns that cut the industry operating rate to roughly 72%, alongside higher costs for naphtha, imported propane and methanol.
Propylene is a petrochemical feedstock, so this rally signals energy-linked cost pressure in China's chemical chain but does not directly move feed grain or meal prices.
marketpulsescope.comNov 1, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
