Home / Knowledge / News / Textiles / Tight availability pushes Asian propylene trends last week
Tight availability pushes Asian propylene trends last week
16
Jun '14
Propylene prices went up in Asia last week due to higher upstream energy prices coupled with strong downstream buying trends in the region. Higher demand for downstream products and tight availability of Propylene supported the price rise.

On the last trading day of the previous week ending June 14, Propylene prices were assessed at US$ 1360/ton FOB Korea. On the same day, prices were quoted at US$ 1350/ton FOB Japan. In the Chinese market, prices were assessed at US$ 1425/ton.

In S E Asia, Propylene prices opened at US$ 1260/ton in the beginning of week under reveiw, which increased by US$ 50/ton by the end of the week and were assessed at US$ 1310/ton.

In the European market, prices opened at € 1110/ton last week, but declined during the week and were assessed at € 1080/ton on June 13.

In the US market, selling offers were at 53.87 cents/pound in the beginning of the week and increased marginally to 54.00 cents/pound on Friday.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 18th Jan 2017

Government considering 100% FDI in single brand retail

The Government of India is looking at allowing 100 per cent foreign...

Courtesy: Walmart

Apparel/Garments | On 18th Jan 2017

Walmart to create 34,000 new jobs in the US

The world’s biggest retailer and also the biggest US private sector...

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Eric Scholler
Groz-Beckert

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

Kerem Durdag
Biovation II LLC

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

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...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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