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Propylene rises in Europe, falls steeply in US last week

06 Apr '15
1 min read

Propylene prices rose massively in Europe in the last week ended April 3 due to gain in downstream product prices in the region; however, they fell steeply in the US from bearish product demand.

In Europe, average prices lifted by €55 /ton or 6.08 per cent and were quoted at €960 /ton in the last week, as compared to its previous week.

In US, , average prices went down by 5 cents/pound and were quoted at 35 cents/pound in the last week, as against its previous week, a decrease of 12.50 per cent.

Fibre2fashion News Desk - India

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