The overall propylene market was relatively stable in April 2007, though price slightly fluctuated by the affection of international crude oil price and lower stream demand.
While domestic propylene price remained relatively stable, FOB price in South Korea settled at US $1090 -1100 per ton.
In Shandong market, the mainstream market price offered at 9800 -9900 yuan per ton. Hebei market price stood at 9700 yuan per ton.
Northeast market price stood at 9300 -9500 yuan per ton. Northwest market price came to 9,400 yuan per ton. In South Korea, FOB price scored $1100-1110 per ton in mid-April.
By the end of April, propylene market outside China steadied. In South Korea, FOB price offered at $1100 -1110 per ton. In domestic market, propylene price slightly rose.
Shandong market price reached 10850 -10950 yuan per ton. Northeast market price obtained 10650 -10950 yuan per ton, while Northwest price was registered at 10300 -10650 yuan per ton.
Fibre2fashion, News Desk - China
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