Home / Knowledge / News / Textiles / Ethylene prices turn volatile in global markets
Ethylene prices turn volatile in global markets
06
Aug '13
Ethylene prices turned volatile during the fortnight ending July 31, 2013, registering a decline in Asian and the US markets, while showing an increase in the European markets.
 
Poor demand brought ethylene prices down by about 5 percent in the US market last fortnight compared to the fortnight ending July 15, and the prices were assessed in the range of 53.00 cents/pound to 53.50 cents/pound. 
 
Bearish factors like ample availability and poor support from upstream market resulted in decline of ethylene prices by 3.5 percent in Asian markets during the last fortnight.
 
In Far East Asian market, ethylene prices were in the range of US$ 1200/ton to US$ 1205/ton, while the prices were in the range of US$ 1225/ton to US$ 1230/ton in the Southeast Asian market, during the fortnight.
 
However, in Europe, ethylene prices increased due to firm feedstock price, and prices rose by 1.90 percent during the last fortnight to US$ 1320/ton, compared to the fortnight ending July 31.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th May 2017

Special package creates 7,50,000 jobs in garment sector

The special garment package of Rs 6,000 crore that was introduced by...

Md Siddiqur Rahman, president, BGMEA, addressing a press conference with other dignitaries. Courtesy: BGMEA

Apparel/Garments | On 29th May 2017

BGMEA asks govt for 5% incentive for 2 years in Budget

The Bangladesh Garment Manufacturers and Exporters Association...

Textiles | On 29th May 2017

Tintex, Bruckner bring new effects to knitted fabric

The textile company Tintex has joined hands with the system supplier...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search