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Propylene prices demonstrate a mixed trend
Mar '08
On March 13, propylene price of Xi'an Petrochemical rises, its current implementation level is at 10,600 yuan per ton, the plant is operating normally, with a capacity of 120,000 tons per year, and factory inventories are average.

Ex-factory propylene price of HSBC petrochemical rises sharply, its current implementation price is at 12,000 yuan per ton, with concessions for actual transactions. Sales are fair, inventories are lower.

Propylene price from Zhongyuan Oilfield rises 100 yuan, with current implementation price at 10,900 yuan per ton. Devices operate normally, sales are fair, and inventories are limited.

Ex-factory propylene price of Lijin Li Hua Yi rises 100 yuan; the present implementation price is at 11,600 yuan per ton, with concessions for actual transactions, equipments are operating normally, stocks of the manufacturer are moderate, sales are avarage, the plant has a capacity to produce 4,10,000 tons per year.

Propylene Price from Jincheng petrochemical Group is substantially higher by 250 yuan, its current implementation level is at 12,050 yuan per ton, but the manufacturer will provide concessions for actual transactions, high-level sales are disrupted, inventories are normal.

Propylene prices, on March 12, showed down trend. Prices for Far Eastern region saw a slight fall where as in the European regions the same remained stable compared to last week.

Far east region propylene prices:

Propylene, FOB South Korea, at US $1130-1140 per ton.

European region propylene prices:

Propylene (polymerization level), FD Northwest Europe, at Euro 873.00-878.00 per metric ton.

Propylene (polymerization level), CIF Northwest Europe, at Euro 863.00-867.00 per metric ton.

Fibre2fashion News Desk - China

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