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Propylene prices plunge in Europe & US last week

01 Feb '16
1 min read

Propylene prices plunged in Europe and US in the last week ended Jan 29 due to mute buying sentiments in the region.

In Europe, average prices fell by € 50/ton or 9.52 per cent and were quoted at € 475/ton in the last week, as compared to its previous week.

In US, average prices reduced by 5 cents/pound and were assessed at 15 cents/pound in the last week, down a massive 25.00 per cent as against its prior week.

Fibre2Fashion News Desk – India

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