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Propylene prices fall sharply in Southeast Asian markets
12
May '14
In S E Asian countries, Propylene prices declined by US$ 35/ton to US$ 1310/ton. In Korea, prices dropped by US$ 5/ton to US$ 1360/ton, while they fell by US$ 10/ton to US$ 1350/ton in Japan. In the Chinese market, prices were assessed at US$ 1420/ton.
 
In Western markets, Propylene prices dropped by € 15/ton. In the N W European domestic market, prices were spotted at € 1160/ton, and deals were mainly offered in the range of € 1150/ton to € 1170/ton. In the U.S.A. market, selling offers were stable at 60.00 cents/pound.
 
Acrylonitrile prices were steady in the Asian markets. In S E and F E Asia, prices were assessed at US$ 1870/ton and US$ 1875/ton, respectively.
 
In the Chinese domestic market, prices of ASF and Acrylic Tops remained unchanged at RMB 17975/ton and RMB 18850/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


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