Propylene prices tumble in Asia
On Thursday, propylene prices fell steeply across Asia.
Propylene prices declined sharply on weaker upstream cost support, ample regional inventory, and cautious buying sentiment across key Asian markets.
FOB Korea propylene prices were assessed at USD 935-945/mt levels, plunging by USD (-80/mt) from Wednesday’s assessed levels.
CFR China propylene prices were assessed at USD 965-975/mt levels, a sharp drop of USD (-50/mt) from the previous day.
