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Global propylene prices witness mixed trends
19
Dec '11
Overall there was mixed reaction across global markets for propylene price. In S E Asian countries, Propylene price shot up sharply to US$ 1255/ton. In Korea and Japan, Propylene prices were quoted in the range of US$ 1180/ton to US$ 1190/ton.

In Chinese domestic market, propylene price declined to around RMB 9000/ton. In N W European domestic market, price was stable in the range of € 810/ton to € 815/ton. In U.S.A market, selling offers for propylene inclined in the range of 38.05 cents/pound to 39.00 cents/pound.

Price of Acrylonitrile sustained at higher level, in Asian International market. In F E Asian and S E Asian countries, ACN price hovered in the range of US$ 1805/ton and US$ 1840/ton.

In Chinese domestic market, ASF and Acrylic Tops prices were stable around RMB 18500/ton and RMB 19700/ton, respectively. Price of ASF and Tops is expected to increase in near future.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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