Propylene prices showed a mixed trend for almost all the importing countries on July 16. Prices quoted for Far East depicted a decreasing trend where as European region and United States demonstrated stability in comparison to the last week.
Propylene prices in Far East region:
Propylene, FOB South Korea, at US $1765-1775 per ton.
Propylene prices in European region:
Propylene (polymerization level), FD Northwest Europe, at Euro 950.00-960.00 per metric ton. Propylene (polymerization level), CIF Northwest Europe, at Euro 940.00-950.00 per metric ton.
Price in the United States:
Propylene (refining level), FAS Houston, at US cent 78.250-78.500 per lb.