Tuesday, March 16, 2010

Propylene prices in Asia heading for a crash?

Propylene prices in Asia seem headed for "a crash" a result of an increase in spot supplies by around 20,000 ton/month as per ICIS. Huge surpluses are expected to flood the markets with the start up oof facilities in Asia, easing the tight supplies in Asia that have sustained the rally in polyolefin prices.

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