Spot propylene market in Asia has been on a bullish trend, with prices spiking by US$60/ton since the beginning of last week after showing a weak performance during most of July, as per Chemorbis. Thee recent recovery in spot propylene prices was mainly due to growing supply concerns as a result of the recent shutdowns caused by consecutive fires which broke out at Formosa’s refinery and petrochemical complex in Mailiao, Taiwan.
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Thursday, August 05, 2010
PP prices revealed higher this month to China, market reverses in Turkey
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