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High inventories spike European propylene trends
10
Jun '14
In European market, Propylene prices declined marginally yesterday, due to high inventory in the region and were quoted in the range of € 1105/ton to € 1110/ton.

Propylene contract prices for June were settled at € 1160/ton FD North West Europe levels. This price represents an increase of € 10/ton from May level.

In U.S.A market, Propylene price went down yesterday, mainly due to bearish buying trend in the region and were quoted in the range of 53.00 cents/pound to 53.50 cents/pound.

Fibre2fashion News Desk - India

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