US propylene surges last week from optimistic fundamentals

09 Feb '15
1 min read

Asian propylene prices surged in US in the last week ending Feb 6, due to optimistic market fundamentals, while they rose slower in Europe.

In US, average prices drove up by 5 cents/pound and were assessed at 40 cents/pound last week, up a massive 14.29 per cent as against its previous week.

In Europe, average prices went up by € 5/ton or 0.68 per cent and were quoted at € 735/ton last week, as compared to its previous week.

Fibre2fashion News Desk - India

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