Propylene prices decline in Asia
On Thursday, propylene prices were assessed lower across Asia.
Prices trended downward amid lower upstream energy costs, cautious buying sentiment, and weak downstream demand, while limited trading activity kept the overall market outlook subdued
FOB Korea propylene prices were assessed at USD 1105-1115/mt levels, down USD (-20/mt) from Wednesday’s assessed levels.
CFR China propylene prices were assessed at USD 1125-1135/mt levels, lower by USD (-20/mt) from the previous day.