Tuesday, October 18, 2011

Exports, cuts in cracker runs help offset bearish pressure on propylene in Europe

A combination of exports and reduction in cracker operating rates over the past four months has helped to offset some of the bearish pressure on propylene in Europe, as per ICIS. Propylene markets werre bearish in Europe on poor demand from derivative polypropylene (PP) and varied production problems, as per ICIS.

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