Home / Knowledge / News / Textiles / Ethylene prices experience a meteoric rise on July 2
Ethylene prices experience a meteoric rise on July 2
03
Jul '08
Ethylene, a basic component used for manufacturing a varied range of plastics and synthetic fibres, is experiencing huge demand in the international market. To meet the requirement, various countries throughout the globe, are adding up production facilities and how can China lag behind.

In last five years, ethylene production in China has seen a considerable rise. With the large ethylene production bases in Central and West China, the yearly output of the product, is bound to increase by manifolds by the year 2010.

Ethylene prices showed an ascending trend for almost all the importing countries on July 2. Prices quoted for Far Eastern, European as well as for the United States, experience a steep rise where as for the Asian region stability is observed in comparison to the last week.

Ethylene prices in Asia region:

Ethylene, CFR Northeast Asia, at US $1640-1650 per metric ton.
Ethylene, CFR Southeast Asia, at US $1535-1545 per metric ton.

Ethylene prices in Far East region:

Ethylene, FOB South Korea, at US $1630 per metric ton.
Ethylene, FOB Japan, at US $1630 per metric ton.

Ethylene prices in Europe:

Ethylene, FD Northwest Europe, at Euro 1187.00-1191.00 per metric ton.
Ethylene, CIF Northwest Europe, at US $ 1770.00-1780.00 per metric ton.

Prices in the United States:

Propylene (refining level), at US cent 77.625-77.875 per lb.
Ethylene, at US cent 70.000-70.250 per pound.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Textiles | On 20th Jan 2017

Xeros to focus on textile sector to develop technology

Xeros technology group plc, the developer and provider of patented...

Apparel/Garments | On 20th Jan 2017

Nine West acquiring womenswear marketer Kasper Group

US based footwear, accessories and denim company Nine West Holdings...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Larry L Kinn
Suominen Corporation

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

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...

Silvia Venturini Fendi
Fendi s.r.l

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

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