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Propylene prices slip in Far East Asian & US markets
16
Apr '09
Propylene prices after growing for most part of the past five weeks took a break and reversed trends to decline in the Far East Region. Propylene prices for FOB South Korea fell from US $876-878 per ton to $ 851-853 per ton, a fall of nearly $25 per ton, when compared with prices on April 9.

After having fallen in the previous week, Propylene (polymerization level), FD Northwest Europe and CIF Northwest stayed flat at €422-432 per metric ton and €407-417 per metric ton, respectively, when compared with those prevailing on April 9.

The US markets, which had rebounded in the previous two weeks, fell from US cent 23.005-23.255 per lb to US cent 22.505-22.755 per lb on April 14.

Fibre2fashion News Desk - China

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