Tuesday, March 11, 2008

PROPYLENE

Propylene prices have dipped to US$1150/MT in Asia in the week of March 10, 2008, as the Asian region continues to be well supplied. Suppliers from South Korea, intending to sell at US$1200/MT FOB Korea levels, have met with resistance from the buyers, who are not willing to consider prices above US$1150/MT CFR China.

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