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Asian propylene surges last week from better sentiments
03 Feb '15
1 min read
Propylene prices surged in Asia in the last week ending Jan 30 from improved downstream market sentiments.
In Korea, average prices rose up by US$ 55/ton or 7.38 per cent and were quoted at US$ 800/ton last week, as compared to its previous week.
In Japan, average prices went up by US$ 60/ton and were assessed at US$ 775/ton last week, up 8.39 per cent from its previous week.
In SE Asia too, average prices mounted by US$ 60/ton and were offered at US$ 775/ton last week as against its previous week, an increase of 8.39 per cent.
In India also, average prices ascended by US$ 60/ton or 8.39 per cent from its previous week and were spotted at US$ 775/ton last week.
In China, average prices also increased by US$ 50/ton and were quoted at US$ 850/ton last week, up 6.25 per cent as compared to its previous week.
In Korea, average prices rose up by US$ 55/ton or 7.38 per cent and were quoted at US$ 800/ton last week, as compared to its previous week.
In Japan, average prices went up by US$ 60/ton and were assessed at US$ 775/ton last week, up 8.39 per cent from its previous week.
In SE Asia too, average prices mounted by US$ 60/ton and were offered at US$ 775/ton last week as against its previous week, an increase of 8.39 per cent.
In India also, average prices ascended by US$ 60/ton or 8.39 per cent from its previous week and were spotted at US$ 775/ton last week.
In China, average prices also increased by US$ 50/ton and were quoted at US$ 850/ton last week, up 6.25 per cent as compared to its previous week.
Fibre2fashion News Desk - India
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