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Asian propylene expands last week from strong sentiments

02 Feb '16
1 min read

Propylene prices expanded in Asia in the last week ended Jan 29 from strong market sentiments.

In Korea, average prices climbed by US$ 15/ton or 2.78 per cent and were assessed at US$ 555/ton in the last week, as compared to its previous week.

In Japan, average prices ascended by US$ 15/ton and were quoted at US$ 555/ton in the last week, up 2.78 per cent as against its prior week.

In SE Asia, average prices went up by US$ 30/ton and were offered at US$ 655/ton in the last week, an increase of 4.80 per cent vis-à-vis its earlier week.

In India, average prices grew by US$ 30/ton or 4.80 per cent from its previous week and were spotted at US$ 655/ton in the last week.

In China, average prices mounted by US$ 10/ton and were witnessed at US$ 595/ton in the last week, up 1.71 per cent as against its prior week.

Fibre2Fashion News Desk – India

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