Home breadcru News breadcru Petrochemicals breadcru Optimistic market fundamentals push Asian propylene prices

Optimistic market fundamentals push Asian propylene prices

01 Mar '17
1 min read

Propylene prices moved up in Asia in the last week due to optimistic market fundamentals in the region.
 
In Korea, average prices edged higher by US$ 15/ton to US$ 985/ton in the last week, as compared to previous week, after an improvement of 1.55 per cent.
 
In Japan, average prices improved by US$ 25/ton and quoted at US$ 965/ton in the last week, as compared to previous week, a rise of 2.66 per cent.
 
In SE Asia, average prices advanced by US$ 5/ton and assessed at US$ 975/ton in the last week, an increase of 0.52 per cent compared to previous week.
 
In China, average prices stepped up by US$ 15/ton to US$ 1015/ton in the last week, as compared to previous week, after a hike of 1.50 per cent.

ALCHEMPro News Desk – India

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