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Asian propylene prices show mixed movement last week

19 Jul '17
1 min read

Propylene prices moved up in Japan and Korea in the last week due to bullish buying trend in the region.
 
In Japan, average prices inched higher by US$ 5/ton and quoted at US$ 825/ton in the last week, as compared to previous week, a lift of 0.61 per cent.
 
In Korea, average prices soared by US$ 15/ton and quoted at US$ 845/ton in the last week, as compared to previous week, after an improvement of 1.81 per cent.
 
In China, average prices went down by US$ 5/ton to US$ 865/ton in the last week, as compared to previous week, after a reduction of 0.57 per cent due to bearish buying sentiments in the region.
 
In SE Asia, average prices kept steady and assessed at US$ 775/ton in the last week due to moderate trading activity in the region.

ALCHEMPro News Desk – India

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