Propylene prices decline in Asia
On Wednesday, despite gains in upstream crude values, propylene prices were assessed lower in Asia.
The price decline was accompanied by subdued market conditions, with buyers adopting a cautious approach and limiting purchases to immediate requirements.
FOB Korea propylene prices were assessed at USD 1295-1305/mt levels, down USD (-20/mt) from Tuesday's assessed levels.
CFR China propylene prices were assessed at USD 1345-1355/mt levels, a fall of USD (-20/mt) from the previous day.