Home / Knowledge / News / Textiles / Propylene markets fall in Asia & US, stable in Europe
Propylene markets fall in Asia & US, stable in Europe
27
Feb '09
The trends continued this week in global prices of petrochemicals, which are falling back after having rebounded in the last few weeks. Close on the heel of a decrease in prices of ethylene and benzene, propylene markets have also started moving southwards.

Propylene prices for FOB South Korea in Far East region fell to US $645-647 per ton on from the last week's levels of US $665-667 per ton, which is a repeat of the trends seen in prices of ethylene. The main reason as analyzed by experts is the slowdown in demand.

Propylene prices on the other hand stayed flat in the European markets 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.

The US markets also saw prices of propylene tumbling, with prices in Houston being quoted at US cent 23.255-23.380 per lb corresponding to US cent 25.00-25.50 per lb in the previous week.



Fibre2fashion News Desk - China

Must ReadView All

President Tsai Ing-wen delivering remarks before boarding her plane bound for Central America. Courtesy: Presdient's office

Textiles | On 16th Jan 2017

‘Textiles at centre of Taiwan’s new trade arrangements’

Textiles should be at the heart of Taiwan’s thinking while developing ...

Apparel/Garments | On 16th Jan 2017

Ralph Lauren develops policy on tracking wood based fabrics

In a bid to trace source of wood based fabrics like viscose and rayon ...

Apparel/Garments | On 16th Jan 2017

EC proposes enhanced market access for Sri Lanka

The European Commission (EC) has proposed that a significant part of...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ashok Desai
Bombay Textile Research Association

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Wendell Rodricks
Wendell Rodricks

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing 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
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