Wednesday, August 17, 2011

Gap between ethylene and propylene falls in Asia as spot propylene falls

Spot propylene prices have recorded steeper decreases over the past week when compared with spot ethylene prices in Asia, as per ChemOrbis. The comparatively large declines in spot propylene prices haave helped narrow the gap between propylene and ethylene prices, which had reached its largest level in over a year earlier this month when spot propylene prices were trading with a premium of US$400/ton when compared with spot ethylene prices.

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