Propylene prices have declined in Asian market owing to plunge in the value of upstream crude and Naphtha. As per the report, demand sentiments are also running with a weak rate of knot from end users.
On Monday, CFR China price of Propylene were assessed at USD 680/mt and FOB Korea price were evaluated at USD 635/mt. prices have declined by USD 10/mt and USD 20/mt in compares to last assessed price on Friday respectively.