Despite advances in upstream energy values, propylene prices in Asia remained steady on Tuesday. Prices stayed constant as Asian purchases slowed. FOB Korea propylene prices were estimated at USD 705-715/mt, unchanged from Monday’s levels. CFR China propylene prices were estimated at USD 735-745/mt, remaining steady from the previous day.
Last week, propylene prices in Asia showed a mixed trend. CFR China propylene prices were assessed at USD 730-740/mt, with FOB Korea prices at USD 695-705/mt, representing a USD (+5/mt) increase week on week. The improvements were aided by tighter product supply and a minor increase in regional demand. CFR Taiwan propylene prices were assessed […]
Dangote Group is pleased to announce that it has formed a strategic relationship with Honeywell International Inc to assist the next phase of expansion at the Dangote Petroleum Refinery. This agreement will deliver sophisticated technology and services that will allow the refinery to raise its processing capacity to 1.4 million barrels per day by 2028, […]
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