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Propylene prices dip sharply in US last week

11 Nov '14
1 min read

Propylene prices dipped sharply in the US and slower in Europe, in the last week ending Nov 8, due to weak downstream product prices in the region.

In Europe, average propylene prices went down by € 25/ton and were quoted at € 1005/ton last week, down 2.43 percent from its previous week ending Nov 1.

In US too, average prices fell steeply by 3 cents/pound or 5.17 percent and were assessed at 55 cents/pound last week, as compared to its previous week.

Fibre2fashion News Desk - India

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