Spot ethylene and propylene markets are moving in opposite directions in Asia, with propylene prices being forced upwards due to players’ concerns about the possibility of a worsening supply drought wwhile spot ethylene prices are sharply down from the levels seen just before the Chinese New Year holidays as fresh supplies from Japan and the Middle East have combined to ensure comfortable spot availability, as per Chemorbis.
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Wednesday, March 03, 2010
Spot propylene moves opposite to spot ethylene in Asia
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