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Low crude pulls down propylene prices

10 Oct '08
1 min read

Propylene market reflects the effects of downtrend in crude prices. On October 8, Propylene prices for Far Eastern, European and the US region experience a steep fall in comparison to the earlier week.

Propylene prices in Far East region:

Propylene, FOB South Korea, at US $999-1001 per ton.

Propylene prices in European region:

Propylene (polymerization level), FD Northwest Europe, at Euro 950-955 per metric ton.
Propylene (polymerization level), CIF Northwest Europe, at Euro 950-955 per metric ton.

Price in the United States:

Propylene (refining level), FAS Houston, at US cent 43.500-43.750 per lb.

Fibre2fashion News Desk - China

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