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Ex-factory prices of propylene from domestic producers

10
Apr '08

On April 10, Tianjin Petrochemical propylene price remains unchanged, with its implementation level at 11,300 yuan per ton. Actual contract enjoys concessions; although sales are fair, inventory saw a falling trend. The manufacturing plant of the company has the capacity to produce 40,000 tons of propylene per year.

Ex-factory price of propylene from Lijin Li Huayi is stable, its implementation price to external enterprises stood at 11,550 yuan per ton and actual contract that were inked enjoyed concessions. Both stocks and sales are normal; the plant's production capacity touches near about 40,000 tons per year.

Ninglu petrochemical propylene price runs steady, with implementation level standing at 10,450 yuan per ton. While sales are moderate, inventories remain low; the output of the facility is almost about 10,000 tons per year.

Xi'an Petrochemical has its propylene device under maintenance. Even though the plant has a yearly production capacity of 120,000 tons, presently it has no goods to sell.

Ex-factory price of propylene from Qingdao refinery is consistent and the implementation price has reached 11,570 yuan per ton (including 10 yuan of loading fare). Actual contract enjoys concessions; sales and inventories are moderate. The plant has a propylene production capacity of 80,000 tons / year.

Market express of propylene prices on April 9

Propylene prices in Far East region:
Propylene, FOB South Korea, at US $1270-1280 per ton.

Propylene prices in European region:

Propylene (polymerization level), FD Northwest Europe, at Euro 870.00-875.00 per metric ton.
Propylene (polymerization level), CIF Northwest Europe, at Euro 860.00-865.00
per metric ton.

Propylene price in the United States:

Propylene (refining level) FAS Houston at US cents 59.6-59.9 per lb.

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