SINGAPORE (ICIS)--Spot propylene prices in northeast Asia have been on a sustained decline on weak demand from the key China market amid a slight loosening in domestic supply. - China supply lengthens. - Chinese markets to close for Golden Week (1-7 October). - Upcoming plant turnarounds may support spot market. On 7 September, average spot prices declined to $1,110/tonne CFR (cost & freight) NE (northeast) Asia, from the highest so far this year at $1,127.5/tonne CFR NE Asia on 17 August, ICIS data showed.
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