Despite lower upstream crude values, propylene prices were seen as stable in Asia on Monday.
Prices were steady across the region due to poor buying sentiment, as purchasers stayed away from the market after the Lunar New Year break.
FOB Korea propylene prices were estimated at USD 785-795/mt, unchanged from last Friday’s levels.
CFR China propylene prices were assessed at USD 830-840/mt, which remained constant from earlier assessments.
