Home breadcru News breadcru Petrochemicals breadcru Propylene plunges in Europe & stays stable in US last week

Propylene plunges in Europe & stays stable in US last week

26 Oct '15
1 min read

Propylene prices plunged in Europe in the last week ended Oct 23 due to insipid market sentiments. But due to firm energy prices in the market, average prices were stable in the US.

In Europe, average prices contracted by € 60/ton or 10.34 per cent and were quoted at € 520/ton in the last week, as compared to its previous week.

In US, average prices remained steady and were spotted at 20 cents/pound in the last week as against its prior week.

ALCHEMPro News Desk – India

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!