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Propylene prices for EU shows stability
21
Aug '08
On August 20, propylene prices have gone down over the price list of last week. Experts suggest that plunge in the crude prices are affecting the current trading scenario.

Propylene prices for most of the importing countries have started fluctuating. Prices quoted for Far Eastern, and United States demonstrated a steep fall where as for the European region, stability is depicted in comparison to the earlier week.

Propylene prices in Far East region:

Propylene, FOB South Korea, at US $1460-1470 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 1000-1010 per metric ton.

Price in the United States:

Propylene (refining level), FAS Houston, at US cent 59.750-60.000 per lb.

Fibre2fashion News Desk - China

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