NewsFlashAsia propylene falls near to 3-year low

10 October 2008 08:06  [Source: ICIS news]

SINGAPORE (ICIS news)--Asian spot propylene has fallen more than $100/tonne to $910/tonne in the space of a week, almost hitting a three-year low on weak demand and falling crude prices, market sources said on Friday.

 

Values were priced on a cost and freight (CFR) Taiwan basis.

 

The last time prices were assessed at a low of $910/tonne CFR NE (northeast) Asia was in 23 December 2005 based on data from global chemical market intelligence service ICIS pricing.

 

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By: Steve Tan
+65 6780 4359



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