Asian Propylene Increases
Asian propylene prices climb on Tuesday
On 23 November 2016 at 09:00
Reports of limited product availability further supported the price rise.
FOB Korea prices of propylene were assessed up at the USD 790/mt levels, a day on day rise of USD 15/mt.
CFR China prices were assessed higher at the USD 840/mt levels, a gain of USD 15/mt from Monday’s assessed levels.
In plant news, PetroRabigh has taken off-stream its 1.6 mmt/year cracker, located in Jubail, Saudi Arabia, on November 10, 2016 for a maintenance turnaround. The planned maintenance is expected to remain in force for around 20-22 days.
– See more at: https://www.polymerupdate.com/blog/plastic-news/2016-11-23-Asian-propylene-prices-climb-on-Tuesday.aspx?id=318&year=2016#sthash.06g85d23.dpuf