Home / Knowledge / News / Textiles / Propylene market likely to see limited changes
Propylene market likely to see limited changes
08
May '08
After May Day, domestic propylene market has entered into a consolidation trend. Although, some facilities of Shandong refineries went for maintenance, propylene market prices remained stable; current price stood at 12,000 Yuan per ton, shipments show slight slowdown.

In North China, Shijiazhuang Refinery produces propylene for its own consumption. Production unit of Tianjin Dagang is operating steadily; the present price quoted by the company stood at 11,700 Yuan per ton. Price from Tianjin Petrochemical is at 11,550 Yuan per ton. Implementation price from Zhongyuan Oilfield is at 11,700 Yuan per ton.

In Northeast region, overall supply is tight. Implementation prices of propylene by Jinxi Refinery and petrochemical stood at 11,750 Yuan per ton. This shows there were no supplies for exports. Price from Heilongjiang Petrochemical is stabilized at 11,600 Yuan per ton, its propylene device in under overhaul. Price from Harbin Refinery and Petrochemical quoted at 11,100 Yuan per ton.

In Northwest region, Lanzhou Petrochemical offers propylene at 10,550 Yuan per ton, mainly for its own consumption. Equipments of Xi'an Petrochemical are under maintenance. Implementation price from Xianyang Aids is at 11,350 Yuan per ton, sales are good.

Talking about the facilities located in the southern and eastern part of China, the ex-factory price from Guangzhou Petrochemical is implemented at 11,200 Yuan per ton. Maoming Petrochemical offers at 11,200 Yuan per ton. Price quoted by Anqing Petrochemical stood at 11,600 Yuan per ton. Implementation price from Hangzhou Refinery is at 11,600 Yuan per ton. Sinopec Zhenhai offers at 11,900 Yuan per ton. Gaoqiao Petrochemical offer propylene at 11,900 Yuan per ton. Implementation price from Jinling Petrochemical is at 11,900 Yuan per ton.

Recently oil prices continue to set records while demand from lower reaches is plummeting. Market research shows that demand of propylene oxide, epichlorohydrin, acrylic, allyl chloride products are limited, whereas polypropylene market has improved little. In recent times Chinese propylene market is expected to stay in stalemate with limited changes.

Fibre2fashion News Desk - China


Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Egypt signs agreement with UNIDO for cotton production

Egypt has signed a €1.5 million ($1.74 million) cooperation agreement ...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marcel Alberts
Eurofibers

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

Kevin Nelson
TissueGen

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

Silvia Venturini Fendi
Fendi s.r.l

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, 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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X