U.S. propylene spot prices gain on firmer energy values

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Last week, propylene spot prices moved higher in the United States.

An sector source in the U.S. informed a Polymerupdate team member, "U.S. propylene prices rose on the back of higher spot transactions and stronger upstream energy costs. Market sentiment improved amid expectations of a recovery in June, while buying activity remained cautious, as many consumers held ample inventories from earlier price increases. Similar conditions were seen in the downstream polypropylene market, where comfortable stock levels continued to curb fresh purchasing.”

Polymer-grade propylene (PGP) spot delivered prices were assessed at 42.00–42.50 cents/lb FD U.S. Gulf levels, week-on-week up (+3.50 cents/lb).

Meanwhile, refinery-grade propylene (RGP) spot delivered prices were assessed at 36.00–36.50 cents/lb FD U.S. Gulf levels, also higher by (+3.50 cents/lb) from the previous week.

In the contract market, polymer-grade propylene (PGP) was settled at 52.00 cents/lb FD U.S. Gulf levels, while chemical-grade propylene (CGP) was settled at 50.50 cents/lb FD U.S. Gulf levels to might 2026. Both settlements were down (-7.00 cents/lb) from April 2026.

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