The US Propylene market experienced a turbulent January xxxx, marked by relentless price hikes fueled by a confluence of factors. The trend, already bullish throughout December, gained further momentum due to a combination of limited supply and surging demand. While a scheduled maintenance shutdown at Enterprise Products Partners&#xx; Mont Belvieu plant contributed to the tight supply, the adverse effect was the December xth outage of their newest xxx,xxx mt/year PDH unit. This unexpected event, triggered by an operational issue, sent shockwaves through the Propylene landscape. The sudden removal of a major production artery from the equation drastically reduced readily available Propylene, sending scarcity levels soaring.
As per the recent assessment, the Propylene market in the USA keeps on rising with a hike of xxx at the beginning of January xxxx due to supply constraints. Therefore, Propylene Polymer Grade DEL US Gulf assessed at xxxx USD/tonne with a...
