On the basis of demand and supply situation and current soaring crude prices in the international market, propylene prices showed considerable fluctuation in various markets.
On January 7, propylene prices for regions like Far East, Europe and the US demonstrated a significant growth in comparison to the previous week.
Propylene prices in Far East region:
Propylene, FOB South Korea, at US $582-$587 per ton.
Propylene prices in European region:
Propylene (polymerization level), FD Northwest Europe, at Euro 330.5-340.5 per metric ton.
Propylene (polymerization level), CIF Northwest Europe, at Euro 320.5-330.5 per metric ton.
Price in the United States:
Propylene (refining level), FAS Houston, at US cent 18.000-18.255 per lb.
Fibre2fashion News Desk - China
marketing@alchempro.com
