Home / Knowledge / News / Textiles / Propylene prices fall in Far East; rise in US markets
Propylene prices fall in Far East; rise in US markets
19
Feb '09
The trends witnessed in prices of global prices of ethylene, in which prices in some markets rose while in a few markets it feel, was also reflected in the prices of another petrochemical; propylene.

Propylene prices for FOB South Korea in Far East region fell to US $665-667 per ton on Wednesday from the last week's levels of $715-717 per ton, which is a repeat of the trends seen in prices of ethylene. Experts attribute the same to a slowdown in demand from China.

Propylene prices on the other hand stayed flat in the European markets on Wednesday compared to last week. Propylene (polymerization level), FD Northwest Europe and CIF Northwest Europe were quoted at levels as those traded in last week at Euro 411-421 and Euro 401-411 per metric ton respectively.

Though off course, the propylene markets in Houston, US, rebounded on the same lines as that of ethylene in growing from US cent 24.13-24.25 per lb on Feb 12 to US cent 25.00-25.50 per lb, yesterday.



Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Urs Stalder
Sanitized AG

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

Suresh Patel
Sidwin Fabric

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Madhu Jain
Madhu Jain

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

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