NE Asia propylene seen stable-to-soft ahead of China holidays

摘要

SINGAPORE (ICIS)--Northeast (NE) Asia propylene import prices are likely to remain stable-to-soft in weeks ahead due to reduced consumption in the Lunar New Year period and healthy supplies, market sources said. Northeast Asian propylene import prices were assessed as stable around $590- 605/tonne CFR (cost & freight) NE Asia in the week ended 15 January, despite another round of sharp falls in crude futures.