With the slip in crude oil prices in the international market, propylene prices for almost all the importing countries dipped on July 30. Prices quoted for Far Eastern, and United States depicted a decreasing trend, where as for the European countries these were a hike in comparison to the prior week.
Propylene prices in Far East region:
Propylene, FOB South Korea, at US $1600-1610 per ton.
Propylene prices in European region:
Propylene (polymerization level), FD Northwest Europe, at Euro 1000-1010 per metric ton.
Propylene (polymerization level), CIF Northwest Europe, at Euro 990-1000 per metric ton.
Price in the United States:
Propylene (refining level), FAS Houston, at US cent 74.500-74.75 per lb.
Fibre2fashion News Desk - China