Home / Knowledge / News / Textiles / Asian Propylene prices show mixed trend last fortnight
Asian Propylene prices show mixed trend last fortnight
05
Oct '13
Propylene prices showed mixed trend in Asian markets last fortnight ending September 30, 2013, whereas they rose in Europe and declined in the US market.
 
In Far East Asian markets, average Propylene selling prices were in the range of US$ 1390-1395/ton in the fortnight ending September 30, which declined by 0.71 to 0.77 percent compared to US$ 1400-1405/ton in the fortnight ending September 15. The decline was mainly due to quiet buying interest in the region because of mid-Autumn festival holidays in China, Taiwan and South Korea. On October 3, prices were assessed at US$ 1375-1385/ton.
 
In Southeast Asian markets and India, average Propylene prices during fortnight ending September 30 were in the range of US$ 1410-1420/ton, up 4.10 percent to 4.53 percent over prices of US$ 1355-1360/ton prevailing a fortnight earlier. The rise in prices was due to surge in upstream energy values. On October 3, prices were assessed at US4 1430/ton.
 
In Europe, average Propylene prices were € 1110-1115/ton during the fortnight ending September 30, showing a rise of 1.51 percent over prices of around € 1095/ton observed a fortnight earlier. Tight product availability pushed up the prices.
 
In the US, Propylene prices fell due to dull buying sentiment and were offered at 57 cents/pound in the fortnight ending September 30.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Ikea

Textiles | On 26th Apr 2017

Ikea’s product sourcing from India to double by 2020

Ikea, the global home furnishing giant from Sweden, plans to double...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Rupa Sood and Sharan Apparao
Nayaab

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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:
April 2017

April 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