Petrochemical industry | Polymerupdate.com
A week on week drop in upstream crude and naphtha rates, pulled propylene prices lower in Asia, this week,
Prices also fell, as buying trends turned weaker in major markets like China, ahead of the National Golden Week holidays, starting from early October.
FOB Korea propylene prices, were assessed lower at the USD 910/MT levels, a fall of USD 10/MT from the previous week.
CFR China propylene prices, were assessed at the USD 930/MT levels, a week on week decrease of USD 15/MT.
CFR South East Asia prices were assessed stable at the USD 880/MT levels.