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Asian propylene prices sink on May 7

07
May '12
In S E Asian countries, price of Propylene declined by US$ 55/ton to US$ 1375/ton. In Korea, price further declined by US$ 20/ton to US$ 1370/ton, while in Japan, it went down by US$ 50/ton to US$ 1370/ton. In Chinese domestic market, price was assessed around US$ 1480/ton.

In Western market, price of Propylene remained unchanged. In N W European domestic market, price hovered around € 1145/ton, but deals mainly concluded in the range of € 1140/ton to € 1150/ton. In U.S.A market, selling offers went down to 60.35 cents/pounds.

Acrylonitrile market remained stable in the Asian market. In S E Asian and F E Asian countries, ACN prices were stable in the range of US$ 1995/ton and US$ 2025/ton.

In Chinese domestic market, ASF and Acrylic Tops prices were stable around RMB 19575/ton and RMB 20450/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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