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Pessimistic outlook backs lower propylene prices in Europe
09 May '17
1 min read
Propylene prices marched lower in Europe in the last week due to pessimistic market fundamentals in the region.
In Europe, average prices decreased by € 15/ton and quoted at € 895/ton in the last week, a fall of 1.65 per cent as compared to previous week.
Meanwhile in US, average prices kept steady and quoted at 25 cents/pound in the previous week due to mute buying sentiments in the region.
Fibre2Fashion News Desk – India
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