Propylene Europe

摘要

European propylene prices fell to Eur1,079/mt FD NWE, or a 7% discount to the monthly contract, representing a fall of Eur31/mt on the week on the back of a supply glut. Propylene buyers shrugged off a rise in naphtha. “Looking forward at propylene balances, it makes no sense to import propylene,” said one trader who had recently sold a distressed cargo. Propylene buyers also shrugged off this week’s storm in Germany.