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Propylene market prices show fluctuation

20
Nov '08
Propylene market reflects the effects of global financial down turn. Prices of propylene showed a considerable fluctuation in various markets.

Most of the importing regions like Far East showed an upward trend, where as the Europe and US demonstrated a down trend, on November 19, in comparison to the previous week.

Propylene prices in Far East region:

Propylene, FOB South Korea, at US $440-$450 per ton.

Propylene prices in European region:

Propylene (polymerization level), FD Northwest Europe, at Euro 550-560 per metric ton.
Propylene (polymerization level), CIF Northwest Europe, at Euro 540-550 per metric ton.

Price in the United States:

Propylene (refining level), FAS Houston, at US cent 16.500-16.750 per lb.

Fibre2fashion News Desk - China


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