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Propylene prices surge in Southeast Asian countries

14 Oct '13
1 min read

In Southeast Asian countries, Propylene prices surged by US$ 5/ton and were assessed at US$ 1435/ton. In Korea, prices remained stable at US$ 1370/ton, while Propylene prices dipped in Japan by US$ 5/ton and were quoted at US$ 1360/ton. In the Chinese market, prices were assessed at US$ 1430/ton.
 
In Western markets, Propylene prices maintained a steady trend. In the North West European domestic market, prices were assessed at € 1055/ton, and deals were mainly concluded in the range of € 1045/ton to € 1065/ton. In the US market, selling offers surged and were quoted at 57.50 cents/pound.
 
Acrylonitrile prices remained unchanged in Asian markets. In Southeast and Far East Asian countries, prices were assessed at US$ 1870/ton and US$ 1865/ton, respectively.
 
In the Chinese domestic market, ASF and Acrylic Tops prices remained stable at RMB 18150/ton and RMB 19000/ton, respectively.
 
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Fibre2fashion News Desk - India

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