The Urethane Blog

Propylene Rises in Asia

Propylene prices bolster higher in Asia on Monday

Petrochemical industry | 14 Apr 2020 08:30 IST |
Despite weaker upstream crude and naphtha values, propylene prices bolstered higher in Asia, on Monday.

The steep price rise was on the back of bullish buying sentiments in key markets like China.

FOB Korea propylene prices were up at the USD 610/mt levels, a spike of USD 40/mt from last Friday’s assessed levels.

CFR China propylene prices were higher at the USD 665/mt levels, a surge of USD 50/mt from last Friday.