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Propylene slips in Europe & keeps flat in US last week
27 Jan '16
1 min read
Propylene prices slipped in Europe in the last week ended Jan 22 due to weak upstream energy prices in the region.
However, due to correction in feedstock prices, average prices kept flat in the US.
In Europe, average prices dropped down by € 20/ton or 3.67 per cent and were quoted at € 525/ton in the last week, as compared to its previous week.
In US, average prices were steady and were spotted at 20 cents/pound in the last week vis-à-vis its earlier week.
However, due to correction in feedstock prices, average prices kept flat in the US.
In Europe, average prices dropped down by € 20/ton or 3.67 per cent and were quoted at € 525/ton in the last week, as compared to its previous week.
In US, average prices were steady and were spotted at 20 cents/pound in the last week vis-à-vis its earlier week.
Fibre2Fashion News Desk – India
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