Home / Knowledge / News / Textiles / Asian naphtha price stoops lower
Asian naphtha price stoops lower
14
Aug '08
Spot prices of naphtha for Asian region fell on Tuesday, August 12. Naphtha market price of Japanese benchmark open specifications for the second half of September dropped by US $16.25 to stand at $984.50 per ton, showing a plunge of 1.6 percent.

On this day, naphtha price stood at $104.72 per barrel; since the starting of the month, the average price remained at $112.15, down $15.48 from July.

Asian naphtha price first fell below the mark of $1,000 per barrel in past months, due to continued decline in the oil market. But in European and the Mediterranean market, the supply is already in excess and thus the price is high enough to make exports to the orient market.

Spot trade in the market was still low; bids were even lower; presently sellers are dominating the market. However, potential buyers expect prices to go down further.

Fibre2fashion News Desk - China


Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Eamonn Tighe
Nature Works LLC

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

Lynda Kelly
Suominen Corporation

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Prathyusha Garimella
Prathyusha Garimella

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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:
June 2017

June 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