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High inventories spike European propylene trends
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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