China's PDH operating rate to hit nearly 80%, topping 2026 high

China's PDH operating rate continued an uptrend in early September, and is expected to climb to a new high for the year. Following a series of maintenance-driven shutdowns in mid-August, domestic PDH units have entered a concentrated restart period since late August.

With multiple units including Jiangsu Sailboat Petrochemical, Wanhua (Yantai, Shandong), Shandong Tianhong Chemical, and Liaoning Kingfa Sci. & Tech resuming operations or ramping up loads, the average propane dehydrogenation (PDH) operating rate is expected to climb to 78.34% during September 4-10, up by 4.49 percentage points week-on-week. The peak