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Asian propylene prices decline

13
Jan '12
In S E Asian countries, Propylene price fell to US$ 1295/ton. In Korea and Japan, propylene prices went up in the range of US$ 1280/ton to US$ 1290/ton. In Chinese domestic market, propylene price was in the range of RMB 8900/ton to RMB 9200/ton.

In N W European domestic market, price went down to around € 990/ton, but deals mainly concluded in the range of € 920/ton to € 930/ton. In U.S.A market, selling offers for propylene range bound in between 42.25 cents/pound to 42.75 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.

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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