Propylene is polymerized in the presence of a catalytic system of the type which comprises a solid titanium trichloride-based complex serving as a catalyst, said complex having an atomic ratio of aluminum to titanium in the range of below 0.15:1 and containing a complexing agent, and an organic aluminum compound of the general formula, AlR.sup.1.sub.n Cl.sub.3-n wherein R.sup.1 represents an n-propyl group or an n-hexyl group and n is a value of 1.95-2.10. The catalytic system may further comprise an electron-donor compound as a third catalytic component.