Propylene prices drop in China
On Monday, propylene prices edged lower in China, while remaining stable in Korea.
CFR China propylene prices were assessed at the USD 770-780/mt levels, a drop of USD (-5/mt) from Friday’s assessed levels. Prices fell due to bearish regional buying sentiments.
Meanwhile, FOB Korea propylene prices were assessed flat at the USD 745-755/mt levels, on account of quiet regional market conditions.