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Propylene prices continue to ascend across all regions
18 Jun '09
1 min read
Propylene prices in the Far East region, which had risen on the previous Wednesday, continued to climb and FOB South Korea shot up from US $816-821 per ton to $858-859 per ton, yesterday.
Prices of Propylene (polymerization level), FD Northwest Europe and CIF Northwest stayed flat at last Wednesday's level of €570-580 per metric ton and €560-570 per metric ton respectively.
The US markets, which had picked pace in the previous three weeks, kept up the momentum once again and moved from US cent 34.380-34.630 per lb in the previous week to US cent 36.000-36.500 per lb on June 17.
Prices of Propylene (polymerization level), FD Northwest Europe and CIF Northwest stayed flat at last Wednesday's level of €570-580 per metric ton and €560-570 per metric ton respectively.
The US markets, which had picked pace in the previous three weeks, kept up the momentum once again and moved from US cent 34.380-34.630 per lb in the previous week to US cent 36.000-36.500 per lb on June 17.
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