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Propylene trends make slow gains
18
Jan '12
In S E Asian countries, Propylene price improved slowly around US$ 1255/ton. In Korea and Japan, propylene prices were in the range of US$ 1305/ton to US$ 1310/ton. In Chinese domestic market, price was in the range of RMB 9800/ton to RMB 10200/ton.

In N W European domestic market, price hovered around € 950/ton, but deals mainly concluded in the range of € 925/ton to € 940/ton. In U.S.A market, selling offers were range bound in between 42.25 cents/pound to 42.75 cents/pound.

Price of Acrylonitrile increased sharply, in Asian market. In F E Asian and S E Asian countries, ACN price hovered in the range of US$ 1980/ton and US$ 1990/ton.

In Chinese domestic market, ASF and Acrylic Tops prices were quoted around RMB 19000/ton and RMB 20200/ton, respectively. Due to price hike in feedstock, ASF price is expected to increase in near future.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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