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Asian propylene prices see mixed reactions yesterday
14 Oct '14
1 min read
Propylene prices declined in parts of Asia yesterday (Oct 13). The price fall was attributed to lower upstream energy prices coupled with dull buying sentiments and decline in downstream product prices in the region.
In Korea, prices were assessed at US$ 1265/ton yesterday; a decline of US$ 15/ton as compared to the last week’s closing levels of US$ 1280/ton.
In China, prices went down to US$ 1320/ton yesterday; a fall of US$ 20/ton from last week’s assessed levels.
On the other hand, prices in Japan and S E Asia stayed stable at US$ 1250/ton and US$ 1245/ton respectively, yesterday.
In Korea, prices were assessed at US$ 1265/ton yesterday; a decline of US$ 15/ton as compared to the last week’s closing levels of US$ 1280/ton.
In China, prices went down to US$ 1320/ton yesterday; a fall of US$ 20/ton from last week’s assessed levels.
On the other hand, prices in Japan and S E Asia stayed stable at US$ 1250/ton and US$ 1245/ton respectively, yesterday.
Fibre2fashion News Desk - India
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