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Increase in world oil and naphtha prices over the course of the last
month seriously pushed up propylene prices. Last week, propylene prices
moved closely toward USD1.100/mt, CFR, in Asia. During the month, the
propylene price went up by more than USD150/mt.
Some producers from NE Asia have already announced their polypropylene
prices for December. Prices for raffia and injection moulding material
went up by USD20-30/mt, as compared with November. |