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Propylene prices drop in Asia

26 May 2023 08:30 IST
Propylene prices were assessed lower in Asia on Thursday.

An industry source in Asia on condition of anonymity informed a Polymerupdate team member, “Prices fell on the back of weaker energy rates coupled with bearish buying trends across the Asian region.”

On Thursday, FOB Korea propylene prices were assessed at the USD 800-810/mt levels, a drop of USD (-10/mt) from Wednesday’s assessed levels.

CFR China propylene prices on Thursday were assessed at the USD 820-830/mt levels, a day on day fall of USD (-10/mt).