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Propylene prices stay firm
28
Feb '08
On February 28, propylene gas separation plant of Zhongyuan Oilfield has resumed production and operation is normal. The manufacturer offers at 9900 yuan per ton. Sales are fair, inventories are not high, and the plant has a capacity of 20,000 tons per year.

Implementation price of HSBC petrochemical propylene is at 10,350 yuan per ton, but actual transaction level is slightly lower, sales are good, inventories are moderate.

On this day, ex-factory propylene price of Qingdao refinery was firm, its implementation levle is at 10,310 yuan per ton (including 10 yuan loading fare), device operates normally, and according to manufacturers, sales were fair, inventories were moderate. The plant has a propylene capacity 80,000 tons per year.

Tianjin Petrochemical propylene price was stable and its implementation level was at 10,000 yuan per ton. The plant operates normally, the manufacturer reflects sales were fair, inventories were low. The plant carries a capacity of 40,000 tons per year.

February 28, propylene price of Xi'an Petrochemical was stable, its implementation price remained at 9,550 yuan per ton, the facility operates normally, factory inventories were normal and the plant has a capacity of 120,000 tons per year.

Market express of propylene prices on Feb 27

Far east region propylene prices:

Propylene, FOB South Korea, at US $1160-1170 per ton.

uropean region propylene prices:

Propylene (polymerization level), FD Northwest Europe, at Euro 875.00-880.00 per metric ton.

Propylene (polymerization level), CIF Northwest Europe, at Euro 865-870 per metric ton.

Fibre2fashion News Desk - China

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