Propylene: Asia

摘要

Asian propylene prices on an FOB Korea/Japan basis fell Friday from last Thursday as demand softened. The FOB Korea and FOB Japan benchmark prices were down $10/mt and $20/mt, respectively, from last Thursday to be assessed Friday at $1,490/mt and $1,495/mt. Platts did not publish assessments last Friday due to a public holiday in Singapore. An end-May loading cargo was traded Monday at $1,500/mt FOB Korea. Offers increased to $1,520/mt FOB Korea early- week and remained above $1,500/mt FOB Korea Friday, but bids fell throughout the week. A H2 May-loading cargo was bid Monday at $1,500/mt FOB Korea while a H1 May- loading cargo was bid Thursday at $1,470/mt FOB Korea.