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Asian propylene prices display mixed trend last week

21 Jan '19
1 min read

Propylene prices portrayed mixed movement in Asia in the last week.
 
In Korea, Japan and India, average prices marched higher due to limited availability of product.
 
In Korea, average prices drifted higher to US$ 920/ton in the last week, up by 0.55 per cent from US$ 915/ton in the previous week.
 
In Japan, average prices improved to US$ 930/ton in the last week as from US$ 915/ton in the previous week, a lift of US$ 15/ton.
 
In India, average prices increased US$ 30/ton in the last week to US$ 895/ton in comparison to US$ 865/ton in the previous week.
 
Meanwhile in China, average prices shrunk to US$ 960/ton in the last week, down by 1.03 per cent from US$ 970/ton in the previous week due to poor trading activity in the region.

Fibre2Fashion News Desk – India

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