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Propylene prices down in Europe, stable in US last week
08 Dec '15
1 min read
Propylene prices went down in Europe in the last week ended Dec 4 due to poor downstream product demand.
But, despite of bearish buying trend in the region, average prices were stable in the US.
In Europe, average prices climbed down by € 10/ton or 1.59 per cent and were quoted at € 620/ton in the last week, as compared to its previous week.
In US, average prices remained steady and were assessed at 20 cents/pound in the last week, as against its earlier week.
But, despite of bearish buying trend in the region, average prices were stable in the US.
In Europe, average prices climbed down by € 10/ton or 1.59 per cent and were quoted at € 620/ton in the last week, as compared to its previous week.
In US, average prices remained steady and were assessed at 20 cents/pound in the last week, as against its earlier week.
Fibre2Fashion News Desk – India
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