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Asian propylene prices remain firm

29
Mar '12
In S E Asian countries, Propylene price remained firm at US$ 1380/ton. In Korea and Japan, price of propylene increased to US$ 1450/ton. In Chinese domestic market, price was assessed around US$ 1455/ton.

In Western market, Propylene price remained stable. In N W European domestic market, price hovered around € 1185/ton, but deals mainly concluded in the range of € 1180/ton to € 1190/ton. In U.S.A market, selling offers went up to 70.15 cents/pound.

Acrylonitrile market remained unchanged in the Asian market. In F E Asian and S E Asian countries, ACN price was in the range of US$ 2395/ton and US$ 2390/ton. Yesterday, price of ACN had increased by US$ 40/ton.

In Chinese domestic market, ASF and Acrylic Tops prices remained stable around RMB 21800/ton and RMB 22800/ton, respectively. Market speculators of ASF, expect price hike in near future

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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