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Propylene prices slide further in Japan & Korea

24
May '12
In S E Asian countries, Propylene prices remained stable at US$ 1205/ton. In Korea and Japan Propylene prices further declined by US$ 5/ton to US$ 1205/ton. In Chinese domestic market, Propylene prices were assessed around US$ 1295/ton.

In Western market, Propylene prices remained stable. In N W European domestic market, price hovered around € 1000/ton, but deals mainly concluded in the range of € 995/ton to € 1005/ton. In U.S.A market, selling offers remained stable at 46.35 cents/pounds.

Acrylonitrile market remained steady in the Asian market. In S E Asian and F E Asian countries, ACN prices were unchanged in the range of US$ 1855/ton and US$ 1875/ton, respectively.

In Chinese domestic market, ASF and Acrylic Tops prices were unchanged at RMB 18750/ton and RMB 19300/ton, respectively. Yesterday, prices of ASF and Acrylic Tops had significantly declined by RMB 575/ton and RMB 900/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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