In global markets, propylene prices remained firm to stable during the current week.
Today, in S E Asian countries, Propylene prices were stable at US$ 1250/ton. In Korea and Japan, propylene prices were quoted in the range of US$ 1160/ton to US$ 1170/ton. In Chinese domestic market Propylene price stayed unchanged in the range of RMB 8800/ton to RMB 9300/ton.
In N W European domestic market, price was stable in the range of € 830/ton to € 835/ton. In U.S.A market, selling offers for Propylene remained unchanged in the range of 38.75 cents/pound to 39.25 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. Market experts; foresee prices to rise in near future.
In Chinese domestic market, ASF and Acrylic Tops prices were quoted around RMB 19000/ton and RMB 20200/ton, respectively.
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Fibre2fashion News Desk - India