Domestic price of propylene in western region is more stable compared to North China and Shandong Province which maintains a downturn trend, showing decline by 50-200 yuan per ton.
Due to equipment maintenance in western region local supply declines, however price remains stable. Prices offered by individual factories in North China and Shandong Province continue to drop, due to sluggish shipment.
In East China, rates offered by some petrochemical enterprises rise about 100 yuan per ton, driven by propylene rebound in overseas market. However, manufacturers still hold a stable pricing policy.
Fibre2fashion News Desk - China
marketing@alchempro.com
