Though several propylene refineries went in for maintenance and consolidating market trend, early-May propylene prices remained stable. Experts predicted that domestic prices would remain flat and show negligible changes.
Propylene prices in Far East region:
Propylene, FOB South Korea, at US $1520-1530 per ton
Propylene prices in European region:
Propylene (polymerization level), FD Northwest Europe, at Euro 810.00-815.00 per metric ton
Propylene (polymerization level), CIF Northwest Europe, at Euro 795.00-800.00 per metric ton
Prices in the United States:
Propylene (refining level) FD US Gulf at US cent 64.000-64.250 per lb
Ethylene, FD US Gulf, at US cent 59.125-59.375 per pound