Asian propylene prices inch higher past week
29 Jan 18 1 min read
Propylene prices surged in Asia in the last week due to optimistic market fundamentals in the region.
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In Korea, average prices moved up by US$ 45/ton and secured at US$ 1035/ton in the last week, after a rise of 4.55 per cent as compared to the previous week.
In Japan, average prices increased by US$ 35/ton and quoted at US$ 1010/ton in the last week, a hike of 3.59 per cent over the price prevailing at the end of the previous week.
In SE Asia, average prices improved by US$ 45/ton and recorded at US$ 965/ton in the last week, as compared to previous week, a climb of 4.89 per cent.
In China, average prices improved by US$ 40/ton and quoted at US$ 1105/ton in the last week, a gain of 3.76 per cent over the price prevailing at the end of the previous week.
Fibre2Fashion News Desk – India
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