On the basis of demand and supply situation and declining crude prices in the international market, propylene prices showed considerable fluctuation in various markets.
On December 24, propylene prices for regions like Far East, Europe and the US demonstrated a marginal growth in comparison to the previous week.
Propylene prices in Far East region:
Propylene, FOB South Korea, at US $460-$462 per ton.
Propylene prices in European region:
Propylene (polymerization level), FD Northwest Europe, at Euro 331-341 per metric ton.
Propylene (polymerization level), CIF Northwest Europe, at Euro 321-331 per metric ton.
Price in the United States:
Propylene (refining level), FAS Houston, at US cent 13.005-13.255 per lb.
Fibre2fashion News Desk - China