Tuesday, May 05, 2009

US-Asia propylene arbitrage has shut on rising US domestic refinery-grade prices

US-Asia propylene arbitrage has shut following a rise in US domestic refinery-grade C3 prices as per ICIS.Q1 and beginning of Q2 saw large cargoes of US and European aromatics, olefins and derivativess shipped to Asia because of better prices in the region compared with the West.

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