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Asian propylene dives last week from ample availability

29 Sep '15
1 min read

Propylene prices dived steeply in Asia in the last week ended Sept 25 from ample of product availability in the region.

In Korea, average prices dropped by US$ 65/ton or 10.48 per cent and were assessed at US$ 555/ton in the last week, as compared to its previous week.

In Japan, average prices dipped by US$ 55/ton and were quoted at US$ 560/ton in the last week, down 8.94 per cent as against its prior week.

In SE Asia, average prices descended by US$ 55/ton and were offered at US$ 570/ton in the last week, a decrease of 8.80 per cent vis-à-vis its earlier week.

In India, average prices declined by US$ 55/ton or 8.80 per cent from its previous week and were spotted at US$ 570/ton in the last week.

In China, average prices decreased by US$ 60/ton and were witnessed at US$ 605/ton in the last week, down 9.02 per cent versus its prior week.

ALCHEMPro News Desk – India

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