Wednesday, May 26, 2010

Propylene prices in Asia net weekly losses of US$122/mt

Propylene prices have fallen in Asia, plunging by US$122/mt in the week, as per Platts. Prices have fallen to US$1140/mt FOB Korea for 1,500 mt cargoes to be loaded in the next 20-40 days. The steep ddecrease follows a US$75/mt plunge in polypropylene values in the same week to US$1285/mt CFR China.

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