News Code : 43523

Petrotahlil :Phenol prices qoute steady while acetone prices edge higher in Asia

This week, despite weaker upstream benzene values, phenol prices were assessed stable in Asia.

CFR China prices of phenol, were assessed at the USD 965/mt levels while, CFR South East Asia prices, were assessed at the USD 985/mt levels, both unchanged from the previous week.

Feedstock benzene prices on Wednesday, were assessed at the USD 670/mt FOB Korea levels, a sharp week on week drop of USD 20/mt.

Meanwhile acetone prices inched higher in Asia. CFR China prices, were assessed up at the USD 550/mt levels, a week on week increase of USD 10/mt. CFR South East Asia prices, were assessed at the USD 560/mt levels, a gain of USD 5/mt from the previous week. The price rise, was supported by improved regional buying sentiments.

Feedstock propylene prices on Wednesday, were assessed at the USD 910/mt FOB Korea levels while, CFR China propylene prices, were assessed at the USD 930/mt levels, both unchanged from the last week.

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