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Asian propylene prices display mix movement last week

02 Jul '18
1 min read

Propylene prices showed mixed trend in Asia in the last week.
 
In Japan and SE Asia average prices kept steady due to moderate product demand.
 
In Japan, average prices remained unchanged and finalized at US$ 1060/ton in the last week over the price prevailing at the end of the previous week.
 
In SE Asia, average prices stayed stable and recorded at US$ 1010/ton in the last week as compared to the previous week.
 
In Korea and China average prices edged lower due to pessimistic buying indications in the region.
 
In Korea, average prices turned down by US$ 25/ton and assessed at US$ 1050/ton in the last week as compared to the previous week, a fall of 2.33 per cent.
 
In China, average prices slipped by US$ 20/ton and quoted at US$ 1080/ton in the last week, a reduction of 1.82 per cent over the previous week.

ALCHEMPro News Desk – India

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