With the plunge of crude oil in the world market, propylene prices for almost all the importing countries dipped on July 23. Prices quoted for Far Eastern, European and United States depicted a decreasing trend in comparison to the last week.
Propylene prices in Far East region:
Propylene, FOB South Korea, at US $1695-1705 per ton.
Propylene prices in European region:
Propylene (polymerization level), FD Northwest Europe, at Euro 970.00-980.00 per metric ton.
Propylene (polymerization level), CIF Northwest Europe, at Euro 960.00-970.00 per metric ton.
Price in the United States:
Propylene (refining level), FAS Houston, at US cent 78.250-78.500 per lb.
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