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New capacity & weak demand to drag China PO market in H2

Source: Mysteel Jul 02, 2026 11:39
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Propylene Oxide Capacity Demand Supply
H1 2026 China PO saw geopolitics-fueled wild price swings, and Q4 new capacity plus sluggish demand will depress prices and shrink volatility in H2.
Geopolitical tensions pushed China's propylene oxide (PO) into an inverted V swing in H1 2026 amid growing supply and demand. Q4 new capacity and tepid demand will weigh on prices, trimming average levels and greatly curbing fluctuation in H2.   China PO Market Prices & Spreads, 2026 (Unit: Yuan/t) Source: OilChem   China PO

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