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Asian propylene plunges from weak downstream last week

22 Sep '15
1 min read

Propylene prices plunged in Asia in the last week ended Sept 18 from weak downstream product prices in the region.

In Korea, average prices dropped by US$ 45/ton or 6.77 per cent and were assessed at US$ 620/ton in the last week, as compared to its previous week.

In Japan, average prices declined by US$ 55/ton and were quoted at US$ 615/ton in the last week, down 8.21 per cent as against its prior week.

In SE Asia, average prices dipped by US$ 50/ton and were spotted at US$ 625/ton in the last week, a decrease of 7.41 percent from its earlier week.

In India, average prices decreased by US$ 50/ton or 7.41 per cent from its previous week and were offered at US$ 625/ton in the last week.

In China, average prices descended by US$ 40/ton and were witnessed at US$ 665/ton in the last week, down 5.67 per cent vis-à-vis its earlier week.

ALCHEMPro News Desk – India

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