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Asian propylene prices continue to be stable

23
Feb '12
In S E Asian countries, Propylene price was stable at US$ 1345/ton. In Korea and Japan, propylene price was in the range of US$ 1350/ton to US$ 1360/ton. In Chinese domestic market, price was in the range of RMB 10400/ton to RMB 10500/ton.

In Western market, Propylene remained stable. In N W European domestic market, price hovered around € 1075/ton, but deals mainly concluded in the range of € 1065/ton to € 1070/ton. In U.S.A market selling offers were in the range of 66.25 cents/pound to 67.25 cents/pound.

Price of Acrylonitrile maintained the higher level in Asian market. In F E Asian and S E Asian countries, ACN price hovered in the range of US$ 2205/ton and US$ 2215/ton. Yesterday, ACN prices had increased by more than US$ 100/ton.

In Chinese domestic market, ASF and Acrylic Tops prices were stable around RMB 20800/ton and RMB 21800/ton, respectively. Prices of ASF are expected to increase in near future due to firm feedstock prices.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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