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Asian propylene prices show mix movement last week

23 Jul '18
1 min read

Propylene prices displayed mixed trend in Asia in the last week.
 
In Korea and China average prices advanced due to strong demand trend in the country.
 
In Korea, average prices surged by US$ 10/ton and finalized at US$ 1045/ton in the last week, an improvement of 0.97 per cent over the previous week.
 
In China, average prices climbed by US$ 15/ton and recorded at US$ 1065/ton in the last week, showing a rise of 1.43 per cent as compared to the previous week.
 
In Japan and India average prices declined due to weak downstream product demand in the market.
 
In Japan, average prices turned down by US$ 15/ton and quoted at US$ 1010/ton in the last week, registering a fall of 1.46 per cent over the price prevailing at the end of the previous week.
 
In India, average prices marched lower by US$ 20/ton and assessed at US$ 965/ton in the last week, a decrement of 2.03 per cent as compared to the previous week.

Fibre2Fashion News Desk – India

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