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Propylene prices continue to slide
19
Oct '11
Propylene price declined in S E Asian market. In S E Asia, prices were in the range of US$ 1225/ton to US$ 1230/ton. In Korea and Japan, Propylene prices were assessed around US$ 1335/ton. In Chinese market price of Propylene was in the range of RMB 10000/ton to RMB 10700/ton.

In N W European domestic market, price was in the range of € 775/ton to € 790/ton. In U.S.A market price of Propylene was in the range of 41.55 cents/pound to 42.50 cents/pound.

Price of Acrylonitrile remained stable, in Asian market. In F E Asian and S E Asian countries, ACN price stood at US$ 1860/ton and US$ 1825/ton, respectively. In Asian market price is expected to decline by US$ 50/ton in near future.

In S Asian market, goods imported from Russia and the United States was in the range of US$ 1775/ton to US$ 1800/ton for November delivery. In Indian markets cargo less than 1000 tons was traded at price of US$ 1760/ton to US$ 1775/ton.

In Chinese domestic market, price of ASF and Acrylic tops were assessed around RMB 22800/ton and RMB 23800/ton, respectively.

Editorial Note:
Acrylic value chain has weakened further today.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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