China's propylene market to still face oversupply in 2026

Source: Mysteel Jan 07, 2026 15:26

China's propylene market will be still in supply glut in 2026 due to rises both in output and imports, and this will continue to drag down propylene prices accordingly.

China's propylene market will be still in supply glut in 2026 due to rises both in output and imports, though the capacity growth is anticipated to lag behind that of downstream sectors. The oversupply will continue to drag down propylene prices accordingly. A total of 15 new propylene units will