Home / Knowledge / News / Textiles / Intl oil price rise fails to affect local propylene market
Intl oil price rise fails to affect local propylene market
Feb '08
New York oil price experienced a sharp rise on Tuesday, once again breaking through the mark of US $100 per barrel. However, this boost could not stimulate sentiment of propylene market, and China's domestic propylene market mainly remained stable.

Mainstream price in Shandong market stabilized at 10200-10250 yuan per ton, and demand of propylene products saw a decreasing trend, although shipments from manufacturers were as usual.

Mainstream price in Hebei market was steady at 10,000-10,100 yuan per ton, sales were in stability.

The Northeast market price stood at 9,700-10,700 yuan per ton with tight supply, and were mainly delivered within the industry. In the Northwest region, mainstream market price was offered at 9600 yuan per ton, manufacturers' inventories were low, and shipments were good.

Downstream market of polypropylene held a strong wait-and-see attitude; trade volume did not see any improvement, and domestic propylene market showed limited volatility.

Market express of propylene prices on Feb 20

Propylene prices at the international market are going through fluctuations. Quotations for the Far East saw a down trend on February 21, where as a volatility can be observed for the European countries compared to the last week.

Far east region propylene prices:

Propylene, FOB South Korea, at US $1195-1200 per ton.

European region propylene prices:

Propylene (polymerization level), FD Northwest Europe, at Euro 875.00-880.00 per metric ton.

Propylene (polymerization level), CIF Northwest Europe, at Euro 865-870 per metric ton.

Fibre2fashion News Desk - China

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Larry L Kinn
Suominen Corporation

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

Lynda Kelly
Suominen Corporation

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search