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Asian propylene dips last week due to insipid market

18 May '15
1 min read

Propylene prices dipped in Asia in the last week ended May 15 due to insipid market sentiments.

In Korea, average prices climbed down by US$ 25/ton or 2.48 per cent and were assessed at US$ 985/ton in the last week, as compared to its previous week.

In Japan too, average prices slipped by US$ 10/ton and were quoted at US$ 1005/ton in the last week, down 0.99 per cent from its previous week.

In SE Asia, average prices descended by US$ 15/ton and were offered at US$ 1005/ton in the last week, a decrease of 1.47 per cent as against its previous week.

In India, average prices fell by US$ 15/ton or 1.47 per cent from its previous week and were spotted at US$ 1005/ton in the last week.

In China, average prices went down by US$ 20/ton and were assessed at US$ 1030/ton in the last week, down 1.90 per cent as compared to its previous week.

Fibre2fashion News Desk - India

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