For past so many days propylene prices in the domestic region is on the surge. However, tight spot supply is compelling the buyers to accept these rising prices.
Propylene prices, on April 29, showed a mixed trend for almost all countries. Far East saw a hike where as the European regions manifested minor drop compared to previous week.
Propylene prices in Far East region:
Propylene, FOB South Korea, at US $1340-1350 per ton.
Propylene prices in European region:
Propylene (polymerization level), FD Northwest Europe, at Euro 845.00-850.00 per metric ton. Propylene (polymerization level), CIF Northwest Europe, at Euro 840.00-845.00 per metric ton.