From levels of US$960/MT FOB Korea in H1-October, H2-December propylene prices have spiked past US$1100/MT in Asia. The key factor behind these robust gains has been restricted supplies in the region as producers in South Korea, Taiwan and Japan continue to face maintenance shutdowns and production issues.
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Monday, November 30, 2009
Polypropylene markets in Asia under duress from rising propylene values
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