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Propylene prices race higher in Asia

01 Jul 2026 09:30 IST
On Tuesday, despite bearish upstream crude rates, propylene prices were assessed higher in Asia.

The price rise was driven by healthy demand and improved buying momentum across Asia.

FOB Korea propylene prices were assessed at USD 885-895/mt levels, a surge of USD (+40/mt) from Monday's assessed levels.

CFR China propylene prices were assessed at USD 915-925/mt levels, a sharp gain of USD (+40/mt) from the previous day.