Propylene prices slip in Asia
On Monday, Asian propylene prices fell sharply, tracking a decline in upstream energy values.
Prices declined amid weak downstream demand and sluggish purchasing activity, as buyers continued to limit procurement to essential requirements.
FOB Korea propylene prices were assessed at USD 945-955/mt levels, a sharp drop of USD (-40/mt) from last Friday's assessed levels.
CFR China propylene prices were assessed at USD 985-995/mt levels, a plunge of USD (-40/mt) from previously assessed levels.
