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Propylene drops in Europe & keeps stable in US last week
11 Jan '16
1 min read
Propylene prices dropped in Europe in the last week ended Jan 8 from poor downstream product demand in the region.
But, due to correction in feedstock prices, average prices were stable in the US.
In Europe, average prices dipped by € 5/ton or 0.91 per cent and were quoted at € 545/ton in the last week, as compared to its previous week.
In US, due to correction in feedstock prices, average prices remained steady and were spotted at 20 cents/pound in the last week, as against its prior week.
But, due to correction in feedstock prices, average prices were stable in the US.
In Europe, average prices dipped by € 5/ton or 0.91 per cent and were quoted at € 545/ton in the last week, as compared to its previous week.
In US, due to correction in feedstock prices, average prices remained steady and were spotted at 20 cents/pound in the last week, as against its prior week.
Fibre2Fashion News Desk – India
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