Commodity Market Report
Propylene global monthly market overview October 2020
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Report summary
The USGC propylene disruptions from Hurricane Laura begin to come to an end and new derivative units add more demand. Asian propylene prices increase on tightness stemming from turnarounds and unplanned outages. European margins are squeezed further on rising naphtha prices and stable cracker operations. This month, we have extended our forecast period through the end of 2022. See this month’s report to see Woodmac’s view of upcoming trends in global propylene markets as they will unfold through 2022.
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