November propylene contract in Europe settles lower by €25/ton
Meta title (≈58 chars): Europe propylene contract settles lower in November
Meta description (≈150 chars): November propylene contract settles at €980/ton, down €25 vs October. Spot hovers near €700/ton FD NWE, about €80 below late-September.
Snapshot
Contract price (Nov, FD NWE): €980/ton (≈ $1,131/ton based on recent FX parity)
Change vs October: –€25/ton
Spot propylene (FD NWE): €700/ton (≈ $808/ton)
Move vs late September: –€80/ton
Contract–spot spread: €280/ton
What’s happening
Market sources indicate the November propylene contract in Europe settled at €980/ton FD NWE, a modest step down from October. In the open market, spot values around €700/ton FD NWE extend the soft tone, now €80/ton below late-September levels. ChemOrbis
Why it matters
Downstream margins: Producers in PP and other derivatives may see a mild cost relief if monomer moves flow through to polymer contracts.
Negotiations (Nov–Dec): The wider €280/ton contract–spot gap supports buyers seeking discounts or spot-linked formulas.
Market watch: If demand stays muted, the spot discount could persist, pressuring contract talks and inventory strategies.
Source: ‘LATEST NEWS: November propylene contract settles in Europe’ by ChemOrbis (October 31, 2025) ChemOrbis
