Propylene prices dropped in Europe in the last week ended Jan 8 from poor downstream product demand in the region.
But, due to correction in feedstock prices, average prices were stable in the US.Propylene prices dropped in Europe in the last week ended Jan 8 from poor downstream product demand in the region. But, due to correction in feedstock#
In Europe, average prices dipped by € 5/ton or 0.91 per cent and were quoted at € 545/ton in the last week, as compared to its previous week.
In US, due to correction in feedstock prices, average prices remained steady and were spotted at 20 cents/pound in the last week, as against its prior week.
Fibre2Fashion News Desk – India