PDH profit to face further losses in Q2 on higher costs, dim demand

Source: Mysteel Apr 09, 2026 10:35

PDH unit profit in China will witness further losses in the second quarter of the year, in line with persistently higher prices of feedstock together with weak downstream demand.

The second quarter brought renewed pressure to China's propane dehydrogenation (PDH) sector, as persistently high feedstock costs collided with soft downstream demand. This imbalance led to a deepening inversion of profit margins, with losses expanding significantly compared to the previous quarter. Despite entering the traditional off-season for propane demand in