Will propylene costs stabilize in Asia?

After stability in the first two weeks of May, spot propylene costs in Asia have been nose-diving since H2-May. As per Chemorbis, ongoing concerns regarding the global economy and persistently weakeniing crude oil prices hit PP demand in the region, resulting in producers sourcing feedstock on need-basis in order to avoid building up stocks – adding to the decreases in Asian propylene prices.

For more details on Will propylene costs stabilize in Asia? click here