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Hectic selling leads to US propylene plunge last week
24
Nov '14
Hectic selling activity led to US propylene prices plunging in the US market last week ending Nov 22, while they fell slower in Europe.

In US, average propylene prices tumbled by 5 cents/pound or a massive 9.09 per cent and were assessed at 50 cents/pound last week, as compared to its previous week ending Nov 15.

In Europe, average prices declined by € 20/ton and were quoted at € 985/ton last week, down 1.99 per cent from its previous week.

Fibre2fashion News Desk - India

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