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

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Neel Sawhney
One Friday

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

Shawn Honeycutt
Bolger & O'Hearn

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

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...

Paolo Ocleppo
Sandvik Hyperion

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Igor Chapurin
Chapurin

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

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 ...

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
January 2017

January 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