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Propylene prices continue to decline
09
Aug '11
Propylene price continued to decline, in the range of US$ 1385/ton to US$ 1395/ton, in S E Asian market. In Korea and Japan, propylene prices were assessed around US$ 1570/ton.

In N W European domestic market price stayed in the range of € 915/ton to € 925/ton. In India, price declined to US$ 1390/ton. In Chinese market, price of Propylene was in the range of RMB 11500/ton to RMB 11600/ton. In U.S.A market selling offers for Propylene was in the range of 69.25 cents/pound to 69.75 cents/pound.

Acrylonitrile prices remained stable in Asian market. In F E Asian and S E Asian countries, ACN price stood at around US$ 2260/ton and US$ 2310/ton respectively. In Chinese domestic market, ACN price was stable in the range of RMB 18150/ton to RMB 18300/ton.

In Chinese domestic market, price of ASF and Acrylic tops hovered around RMB 23800/ton and RMB 24800/ton, respectively.

Editorial Note:
Acrylic value chain market is expected to decline in tandem with global downward movement.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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