IHS Chemical Week

Prices Fall in Asia

11:50 AM MST | December 7, 2011 | Lindsey Bewley

 Ethylene prices moved up firmly to USD 1190-1100 from USD 1020-1030 on FOB Korea basis. There is tightness in the supply of the product. This firmness is now expected to last for a few weeks.   Propylene prices were dragged lower to USD 1190- 1200 from USD 1220 - 1230 on FOB Korea basis. Market sentiments have been sluggish due to low demand in the end user segment which is pushing the price levels down.   Butadiene has moved swiftly in the northward direction in the last two weeks. It moved up to USD 2200-2210 from USD 1660-1670 on FOB Korea...

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