Home / Knowledge / News / Textiles / Ethylene prices decline in Asia & Europe last fortnight
Ethylene prices decline in Asia & Europe last fortnight
07
Apr '14
The prices of ethylene declined in Asian and European markets in the last fortnight ending March 31, 2014, compared to the previous fortnight March 1-15, 2014.
 
In Asian markets, the prices of ethylene decreased due to sluggish buying sentiments coupled with subdued demand from downstream players.
 
In Far East Asia, average price of ethylene dropped by 2.44% to US$ 1400/ton in the last fortnight, as compared to the average price of $1435/ton in the previous fortnight.
 
In Southeast Asia, the average price of ethylene was assessed at US$ 1440/ton in the last fortnight, which was 1.03 percent lower vis-à-vis the average price of $1455/ton recorded in the previous fortnight. On April 5, ethylene price was assessed at US$ 1430/ton.
 
However, in Japan, the average price of ethylene moved up by 2.02 percent to $1415/ton in March 2014, compared to the average price of $1385/ton in February 2014.
 
In European market, selling offers for ethylene declined in the last fortnight due to weak upstream energy value coupled with dull demand in the region. The average price in the last fortnight was $1220/ton, down 2.01 percent compared to the average price of $1245/ton in the previous fortnight. On April 4, 2014 ethylene price was assessed at $1180/ton.
 
In the US market, ethylene prices were stable at 52.5 cents/pound in the last fortnight.
 

Fibre2fashion News Desk - India


Must ReadView All

US commerce department finds dumping of low melt PSF

Textiles | On 20th Jun 2018

US commerce department finds dumping of low melt PSF

The US department of commerce (USDC) has announced affirmative final...

Courtesy: Aditya Birla

Textiles | On 20th Jun 2018

'Growth of VSF yarn industry is difficult'

Growth for the viscose filament yarn (VSF) yarn industry is...

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Apparel/Garments | On 20th Jun 2018

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Italian company Eurojersey Spa will present in 2019 new embossing...

Interviews View All

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Neel Sawhney
One Friday

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

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Larry L Kinn
Suominen Corporation

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

Kerem Durdag
Biovation II LLC

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

Tony Ward
Tony Ward

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search