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Propylene prices see upward trend

05
Jun '08
In the just past week, domestic propylene markets around the country started gaining momentum, and prices are shooting up. Reportedly, the tight propylene supply in domestic market as well as continued high international oil prices are the cause for this these firm prices.

Market express of propylene prices on June 4

Propylene prices in Far East region:

Propylene, FOB South Korea, at US $1645-1655 per ton, +85

Prices in the United States:

Propylene (refining level) FD US Gulf at US cent 70.000-70.250 per lb

Ethylene, FD US Gulf, at US cent 59.375-59.625 per pound.

Fibre2fashion News Desk - China


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