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Bearish demand drives down Asian propylene last week

11 Aug '15
1 min read

Bearish product demand in the region drove down propylene prices in Asia in the last week ended July 7.

In Korea, average prices dropped by US$ 5/ton or 0.60 per cent and were assessed at US$ 825/ton in the last week, as compared to its previous week.

In Japan, average prices decreased by US$ 5/ton and were quoted at US$ 815/ton in the last week, down 0.61 per cent from its previous week.

In SE Asia, average prices declined by US$ 5/ton and were offered at US$ 825/ton in the last week, a decrease of 0.60 per cent as against its previous week.

In India, average prices dipped by US$ 5/ton or 0.60 per cent from its previous week and were spotted at US$ 825/ton in the last week.

In China, average prices went down by US$ 5/ton and were assessed at US$ 875/ton in the last week, down 0.57 per cent as compared to its previous week.

ALCHEMPro News Desk – India

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