Propylene Prices Remain Mixed in Asia

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 at USD 730-740/mt levels, down USD (-15/mt) from the previous week as buying attitude remained weak.

FOB Japan propylene prices were stable at USD 695-705/mt levels.

CFR Southeast Asia propylene prices remained stable at USD 775-785/mt.

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