Thursday, January 31, 2013

A narrow propylene arbitrage from Asia to USA opens

A narrow propylene arbitrage from Asia to the US has opened this week with increased discussions between Asian producers and traders to fix cargoes, as per Platts. Discussions intensified late last weeek after Taiwan Formosa Petrochemical concluded a tender on Tuesday for a 10,000 mt H1-February loading cargo at US$1370/mt FOB Mailiao to a trading company.




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