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Propylene prices continue momentum

12
Jan '12
In S E Asian countries, Propylene price increased to US$ 1300/ton. In Korea and Japan, propylene prices went up in the range of US$ 1285/ton to US$ 1295/ton. In Chinese domestic market, propylene price jumped in the range of RMB 8900/ton to RMB 9200/ton.

In N W European domestic market, price went up to around € 1000/ton, but deals mainly concluded in the range of € 920/ton to € 930/ton. In U.S.A market, selling offers for propylene stayed range bound in between 41.95 cents/pound to 42.55 cents/pound.

Price of Acrylonitrile remained stable, in Asian market. In F E Asian and S E Asian countries, ACN price hovered in the range of US$ 1880/ton and US$ 1900/ton. Yesterday, ACN prices had increased by US$ 25/ton from US$ 1855/ton in S E Asian market.

In Chinese domestic market, ASF and Acrylic Tops prices were quoted around RMB 19000/ton and RMB 20200/ton, respectively. Market speculators expect price hike in ASF very soon.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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