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Asian propylene plunges from bearish demand last week

14 Jul '15
1 min read

Propylene prices plunged in Asia in the last week ended July 10 from bearish product demand in the region.

In Korea, average prices slipped by US$ 60/ton or 6.32 per cent and were assessed at US$ 890/ton in the last week, as compared to its previous week.

In Japan, average prices contracted by US$ 60/ton and were quoted at US$ 880/ton in the last week, down 6.38 per cent from its previous week.

In SE Asia, average prices reduced by US$ 50/ton and were offered at US$ 895/ton in the last week, a decrease of 5.29 per cent as against its previous week.

In India, average prices climbed down by US$ 50/ton or 5.29 per cent from its previous week and were spotted at US$ 895/ton in the last week.

In China, average prices went down by US$ 70/ton and were assessed at US$ 925/ton in the last week, down 7.04 per cent as compared to its previous week.

ALCHEMPro News Desk - India

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