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Asian propylene prices showed mixed trend last week

24 Jun '19
1 min read

Propylene prices displayed mixed undertone in Asia in the last week.
 
In Korea, SE Asia and China, average prices fell due to bearish hints from Asia. 
 
In Korea, average prices lowered US$ 15/ton to US$ 885/ton in the last week, a drop of 1.67 per cent from the previous week.
 
In SE Asia, average prices declined to US$ 810/ton in the last week as compared to US$ 815/ton in the previous week, a reduction of 0.61 per cent.
 
In China, average prices slipped US$ 5/ton to US$ 905/ton in the last week from US$ 910/ton in the previous week.
 
Meanwhile in Japan, average prices rose to US$ 875/ton in the last week as compared to US$ 865/ton in the previous week, due to lift in buying in the region.
 

ALCHEMPro News Desk – India

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