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Asian propylene prices nosedive
May '12
In S E Asian countries, price of Propylene significantly went down by US$ 115/ton to US$ 1235/ton. In Korea, prices went down by US$ 15/ton to US$ 1255/ton, while, in Japan it decreased by US$ 55/ton to US$ 1255/ton. In Chinese domestic market, price was assessed around US$ 1400/ton.

In Western market the price of Propylene went down. In N W European domestic market, price hovered around € 1025/ton, but deals mainly concluded in the range of € 1120/ton to € 1130/ton. In U.S.A market, selling offers remained stable at 53.35 cents/pounds.

Acrylonitrile market remained stable in the Asian market. In S E Asian and F E Asian countries, ACN prices were unchanged in the range of US$ 1925/ton and US$ 1955/ton, respectively.

In Chinese domestic market, ASF and Acrylic Tops prices were steady around RMB 19575/ton and RMB 20450/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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