Thursday, August 04, 2011

Spot ethylene rising at a slower pace than propylene, styrene in Asia

Spot prices for ethylene, propylene and styrene have all been rising steadily over the past month in Asia, with styrene and propylene have been rising at a much quicker pace, as per ChemOrbis. This ttrend continued over the week, as news of a new fire at Formosa’s Mailiao complex led to larger increases in propylene and styrene prices as compared to spot ethylene prices.

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