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Low crude pulls down propylene prices

10
Oct '08
Propylene market reflects the effects of downtrend in crude prices. On October 8, Propylene prices for Far Eastern, European and the US region experience a steep fall in comparison to the earlier week.

Propylene prices in Far East region:

Propylene, FOB South Korea, at US $999-1001 per ton.

Propylene prices in European region:

Propylene (polymerization level), FD Northwest Europe, at Euro 950-955 per metric ton.
Propylene (polymerization level), CIF Northwest Europe, at Euro 950-955 per metric ton.

Price in the United States:

Propylene (refining level), FAS Houston, at US cent 43.500-43.750 per lb.

Fibre2fashion News Desk - China


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