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Global propylene market witnesses mixed reaction
23
Dec '11
Overall Propylene market witnessed mixed reactions across global markets. In S E Asian countries, prices declined to around US$ 1245/ton. In Korea and Japan, propylene prices were quoted in the range of US$ 1165/ton to US$ 1175/ton. In Chinese domestic market, propylene price declined in the range of RMB 8500/ton to RMB 8900/ton.

In N W European domestic market, price increased in the range of € 820/ton to € 825/ton. In U.S.A market, selling offers for propylene remained unchanged in the range of 38.25 cents/pound to 39.05 cents/pound.

Price of Acrylonitrile remained unchanged, 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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