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Bearish buying trend supports lower Asian propylene prices
16 Mar '17
1 min read
Propylene prices decreased in Asia in the last week due to bearish buying trend in the region.
In Korea, average prices went down by US$ 25/ton to US$ 920/ton in the last week, as compared to previous week, after a decrease of 2.65 per cent.
In Japan, average prices reduced by US$ 40/ton and quoted at US$ 900/ton in the last week, as compared to previous week, a fall of 4.26 cent.
In SE Asia, average prices marched lower by US$ 30/ton and assessed at US$ 910/ton in the last week, a reduction of 3.19 per cent compared to previous week.
In China, average prices stepped down by US$ 25/ton to US$ 945/ton in the last week, as compared to previous week, after a drop of 2.58 per cent.
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