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Tight supply pushes up propylene prices in Europe
16 Mar '17
1 min read
Propylene prices went up in Europe in the last week due to tight supply of product in the region.
In Europe, average prices increased by US$ 45/ton and quoted at US$ 955/ton in the last week, an increment of 4.95 per cent as compared to previous week.
Meanwhile in US, average propylene prices soared by 5 cents/pound and assessed at 45 cents/pound, a rise of 12.50 per cent as compared to previous week due to firm energy in the market.
Fibre2Fashion News Desk – India
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