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

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Eric Scholler
Groz-Beckert

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Rupa Sood and Sharan Apparao
Nayaab

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search