Propylene prices in Europe remained stable on Wednesday, with weak demand and ample supply keeping trading activity subdued.
A regional industry source told Polymerduniya, “Even though the pricing trend remained stable, buying activity stayed muted due to weak demand and abundant supply.”
CIF Northwest Europe propylene was assessed at EUR 725–735/mt, unchanged from Tuesday. Spot polymer grade propylene was steady as well, assessed at EUR 705–715/mt FD NWE on the day.
In Asia, propylene values followed a similar trend, assessed at USD 750–760/mt FOB Korea, rolling over from the previous session.