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Asian propylene trends pull down European prices this week
23
Aug '14
During the current week, propylene prices went down slightly in Europe, due to lower propylene prices in the Asian market and sluggish regional downstream demand.

However, propylene prices remained stable in the US.

At the beginning of the week, European propylene prices were assessed at € 1050/ton, which fell marginally to € 1045/ton at the end of this week.

In US, prices stayed stable at 60.15 cents/pound during the current week.

Fibre2fashion News Desk - India

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