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NW European propylene prices rise

27
Dec '11
In S E Asian countries, Propylene prices hovered around US$ 1250/ton. In Korea and Japan, Propylene prices were quoted in the range of US$ 1150/ton to US$ 1160/ton. In Chinese domestic market Propylene price declined in the range of RMB 8600/ton to RMB 9050/ton.

In N W European domestic market, price increased in the range of € 820/ton to € 825/ton. In U.S.A market selling offers for Propylene stayed unchanged in the range of 38.55 cents/pound to 39.05 cents/pound.

Price of Acrylonitrile remained unchanged, in Asian International market. In F E Asian and S E Asian countries, ACN price hovered in the range of US$ 1805/ton and US$ 1840/ton.

In Chinese domestic market, ASF and Acrylic Tops prices were quoted at RMB 19000/ton and RMB 20200/ton, respectively.

Editorial Note:
Acrylic value chain remains firm to stable. Market speculators believe prices will consolidate for long term price rally.


Fibre2fashion News Desk - India


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