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Decline in propylene prices continue in Korean market

10
May '12
In S E Asian countries, price of Propylene remained stable at US$ 1365/ton. In Korea, price declined by US$ 15/ton to US$ 1305/ton, while in Japan, it remained unchanged at US$ 1320/ton. In Chinese domestic market, price was assessed around US$ 1410/ton.

In Western markets, price of Propylene remained steady. 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 remained stable at 58.85 cents/pounds.

Acrylonitrile market remained stable in the Asian market. In S E Asian and F E Asian countries, ACN prices were unchanged in the range of US$ 1925/ton and US$ 1955/ton. Yesterday, prices of ACN declined by US$ 70/ton.

In Chinese domestic market, ASF and Acrylic Tops prices were inert 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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