Propylene Highlights from 15-31, Jan 2012
In the last fortnight, selling offers for Propylene increased significantly. In Asian market, as Chinese market approaching towards the Lunar New Year holidays, market speculators were highly optimistic for post holiday scenario and reluctant to sell. In the second half of the last fortnight, Propylene prices increased with support of firmer energy rates, a good buying pulse and firmer downstream prices. In European market also, price of Propylene increased with the same reason.
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