Propylene moved higher to US$1315/ton on FOB Korea on April 16 in Asia - a US$75/ton increase vs price levels of beginning of April and a US$40/ton increase for the week. As per Chemorbis, behind thiss firming trend are the increased export opportunities to Latin America amid persistent production problems in the region, especially in Japan, along with maintenance shutdowns.
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Tuesday, April 20, 2010
Global propylene costs rise
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