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HSBC petrochemical lowers propylene prices

13 Dec '07
1 min read

HSBC petrochemical, on December 12, lowered its propylene ex-factory price by 100 yuan to the implementation level at 10,500 yuan per ton, with further concession for actual trading price. Device operating is normal, sales are fair.

Today, propylene ex-factory price of Zhongyuan Oilfield is stable, with implementation price at 10,200 yuan per ton, actual trading price slightly floating. Device operating is normal, sales are normal, and inventory is moderate. This plant has a capacity of 20,000 tons per year.

Today, ex-factory price of propylene by Zhonghai petrochemical is down 100 yuan to the implementation level at 10,500 yuan per ton. Device operating is normal, sales are fair, and stocks are not large.

Fibre2fashion, News Desk - China

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