Home / Knowledge / News / Textiles / Propylene prices decline in Asian markets last fortnight
Propylene prices decline in Asian markets last fortnight
22
Mar '14
The average price of propylene declined in Asian markets in the last fortnight ending March 15, 2014, compared to the previous fortnight ending February 28, due to bearish buying sentiments in the region.
 
In Korea, the average price of propylene in the last fortnight was US$ 1380/ton, which was a decrease of 1.96 percent compared to the previous fortnight’s average price of $1405/ton. The declining trend continued and the price was assessed at $1355/ton on March 21, 2014.
 
Compared to the corresponding fortnight of last year, the average price of propylene in Korea in the last fortnight increased by 3.18 percent, as the average price was $1335/ton during the same period of 2013.
 
In Far East Asia, the average price of propylene decreased by 2.85 percent to $1365/ton in the last fortnight, as against the average price of $1405/ton recorded in the previous fortnight.
 
In Southeast Asia, the average price of propylene decreased marginally by 0.38 percent to $1325/ton, vis-à-vis the average price of $1330/ton in the previous fortnight. On March 21, 2014, price was assessed at US$ 1335/ton.
 
In Europe, the average price of propylene went up by 0.9 percent to €1120/ton in the last fortnight, compared to the average price of €1110/ton in the previous fortnight, due to limited availability of product in the region.
 
In US, the average propylene price increased marginally to 61.00 cents/pound, due to improved buying sentiments in the last fortnight.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Information Technology | On 21st Feb 2017

ThreadSol launches IntelloBuy & IntelloCut in Vietnam

ThreadSol, the pioneer of enterprise material management for sewn...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eric Scholler
Groz-Beckert

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

Mohammad Hassan
Biax Fiberfilm

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Robert Brunner
Devereux

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search