The hottest propylene price in Asia hit a 15 week
2022-10-22- Detail
Propylene prices in Asia hit a 15 week high of $1400/ton
it is reported that propylene trading prices in Asia reached a 15 week high of $1, and another $400/ton CFR Northeast Asia, and will continue to rise in the short term. Stimulated by strong Chinese buying and tight regional supply, insiders said on Tuesday that as of the 14th, propylene prices were $1, 380/ton CFR Northeast Asia, up 3% from the beginning of March
market participants said that due to the tight supply caused by the maintenance of some ethylene cracking units in Asia, the price of propylene rose. At present, several propylene production units in Taiwan have been shut down for maintenance. The catalytic cracking unit of Formosa Plastics Petrochemical (FPCC) Mailiao has been shut down for maintenance and will be restarted at the end of June. Increasing the utilization ratio of magnesium alloy and carbon fiber parts can produce (4) about 375000 tons of propylene per year for starting the oil pump
in addition, Taiwan's CNPC plans to shut down its heavy oil catalytic cracking unit (RFCC) in Dalin refinery in August for two months of maintenance, with a propylene capacity of 10000 tons/year. In addition, the supply of propylene from Japan may also decrease in the coming weeks, if the acrylic acid (AA) plant of Japanese catalyst is restarted, a regional trader said. Japanese catalyst may restart its 80000 ton/year acrylic acid (AA) plant at the end of June
- ·Cristiano Ronaldo hat-trick earns Manchester Unite
- ·3 Ontario nurses disciplined for pandemic social m
- ·Blue Jays busy off-season comes to screeching halt
- ·Palma bars closed, but parking-space terraces rema
- ·8.2 magnitude quake in Alaska puts some B.C. coast
- ·Health-care workers announce counter protest to co
- ·Balearics coronavirus figures for Thursday, Septem
- ·Thunder Bay, Ont., police board member takes leave
LINK
Copyright © 2011 JIN SHI