Home / Knowledge / News / Textiles / Asian naphtha price drop further
Asian naphtha price drop further
13
Mar '08
Available reports show, Asian naphtha price dropped back from its historical highs on March 10, due to weak market.

Maintenance of naphtha cracker units and output reduction by ethylene manufacturers brought pressures on naphtha market.

According to a Singapore trader, naphtha prices have been very high that the profits of ethylene manufacturers squeezed further. Several ethylene manufacturers, including PCS, CPC and SK Energy Company, have reduced their output of cracking units.

Naphtha price of Japanese open specifications for the second half of April contract fell US $1 from its record high of $914.50 to $915.50 per ton. Price gap between the second half of April and the first half of May narrowed from $1 to $2 per ton. Brent / naphtha spread almost fell to $134.90 per ton, down to the lowest level in four months.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 27th Apr 2017

UL joins ZDHC programme

UL Consumer & Retail Services (CRS), a global safety science company, ...

Textiles | On 27th Apr 2017

Maharashtra govt working on second textiles policy

The textiles department of the government of Maharashtra is working...

Apparel/Garments | On 27th Apr 2017

EC takes action to make garment sector more sustainable

The European Commission (EC) has presented a set of focused actions...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Kevin Nelson
TissueGen

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Yash P. Kotak
Bombay Hemp Company

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X