Home / Knowledge / News / Textiles / Ethylene prices witness contrary trends in worldwide markets
Ethylene prices witness contrary trends in worldwide markets
19
Feb '09
Ethylene prices which have been registering gains since the last weeks, continued to so in this week too, but at the same time prices of the raw material fell in one region, while it was steady in another region, when compared to prices of the previous week.

Last week for instance in the Asian region, ethylene prices for CFR Northeast Asia was quoted at US $705-715 per metric ton last week, it moved down to $685-695 per metric ton on Wednesday. Ethylene prices for CFR Southeast Asia, remained stable at $605-615 per metric ton as compared to previous week.

Ethylene prices for the Far East region also stayed flat when compared with those of last week. On Wednesday, FOB South Korea was traded at $655 per metric ton and FOB Japan, too was quoted at the same price of $655 per metric ton.

In the Europe region, prices of ethylene surprisingly rebounded contrary to the trends of those witnessed in prices quoted for CFR Northeast Asia. FD Northwest Europe moved to Euro 620-624 per metric ton from Euro 600-605 per metric ton and CIF Northwest Europe to $755-765 per metric ton from $705-715 per metric ton.

A trend similar to those prevailing in Europe was also witnessed in prices of ethylene traded in Houston, US. Compared to US cent 25.50-25.88 per pound quoted in the last week, it moved sharply up by more than 10 percent to US cent 28.255-28.505 per pound

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: India ITME

Textiles | On 8th Dec 2016

Industry needs to create 1cr jobs in 3yrs: Kavita Gupta

Sharing several initiatives laid out by the government in R&D,...

Textiles | On 8th Dec 2016

Package will boost made-ups sector: SIMA

The reforms package approved by the Union Cabinet to boost employment ...

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Eamonn Tighe
Nature Works LLC

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Ritu Kumar
Label Ritu Kumar

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search