Market experts suggest that recent fall of crude price, is affecting the current trading scenario of the domestic region. On September 3, propylene prices have shown huge fluctuations over the price list of last week.
On September 3, Propylene prices for Far Eastern and European region saw a hike where as for the United States observed a drop in comparison to the prior week.
Propylene prices in Far East region:
Propylene, FOB South Korea, at US $1529-1531 per ton.
Propylene prices in European region:
Propylene (polymerization level), FD Northwest Europe, at Euro 1500-1510 per metric ton.
Propylene (polymerization level), CIF Northwest Europe, at Euro 995-1000 per metric ton.
Price in the United States:
Propylene (refining level), FAS Houston, at US cent 55.000-55.500 per lb.
Fibre2fashion News Desk - China