28 June 2007 08:22 [Source: ICIS news]
SINGAPORE (ICIS news)--Taiwan’s domestic May contract price for propylene was settled at $1,083/tonne DEL (delivered), up $19/tonne from April prices, a source close to a Taiwanese producer said on Thursday. ?xml:namespace>
US contract prices for polymer grade propylene rose by 4 cents/lb to $53.50 cents/lb DEL (delivered) in May and second-quarter prices in Europe rose by €30/tonne ($40.39/tonne) to €850/tonne FD (free delivered) NWE (northwest Europe), according to global chemical market intelligence service ICIS pricing.
These rises had supported the higher numbers in
Northeast Asian propylene prices have fallen by $90-110/tonne since Formosa Petrochemical Corp (FPCC) started up
April contract prices were reported at $1,064/tonne
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