Monday, March 18, 2013

Propylene prices hold flat in Europe, slump in Asia and US

Declining upstream costs drove spot propylene prices lower in major markets of Asia and the US over the past week, as per ChemOrbis. However, spot propylene values in Europe managed to hold steady thaanks to supply tightness that has persisted in the olefins market for some time amid cracker shutdowns across the region.




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