2026 China propylene market to remain oversupply on capacity expansion

The propylene supply-demand gap is projected to be 620,000 tonnes in 2026, with total supply reaching 67.49 million tonnes and consumption in major downstream sectors standing at 66.87 million tonnes.

In 2026, a total of 7.73 million tonnes/year of new propylene capacity is scheduled to come online, and the planned new capacity of downstream units is expected to reach 10.38 million t/y. New propylene capacity is projected to be 2.36 million t/y in H1 2026 and 5.37 million t/y in