Propylene average prices which hovered in the range of US$ 1350-1355/ton in the week ending June 14 in Korea went up this week to US$ 1365/ton.
In Japan, prices showed similar trend. In the last week, propylene average prices were around US$ 1345/ton, increased this week to US$ 1350/ton.
In India too, average prices which were at US$ 1260/ton last week, went up to US$ 1310/ton in this week.
Propylene prices are expected to go up in the next week due to strong demand for downstream products in key markets of the Asian region.
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