Home / Knowledge / News / Textiles / Ethylene market in US plummets sharply
Ethylene market in US plummets sharply
Mar '09
The downtrend witnessed in prices of ethylene in Northeast Asian markets seems to have been arrested at least in this week after dipping for five consecutive weeks. The ethylene market in this region was dipping with each passing week, though Southeast Asia market seems to be stable for the last three weeks.

Ethylene prices for CFR Northeast Asia were quoted at US $675-685 per metric ton the same as in the previous week and ethylene prices for CFR Southeast Asia, continued to retain stable for the third consecutive week at $605-615 per metric ton.

Ethylene prices for the Far East region, (FOB South Korea) and (FOB Japan), also continued to remain stable and in turn retained prices quoted in the previous week. Ethylene prices in both the markets were quoted at $595 per metric ton.

In the Europe region, prices of ethylene in FD Northwest Europe stayed flat, but those of CIF Northwest Europe fell by 6-7 percent. FD Northwest Europe continued to be quoted at €625-630 per metric ton and CIF Northwest Europe fell to $705-715 per metric ton.

But the biggest fall was registered by the US markets which had witnessed trail blazing jump in ethylene prices two weeks back, but fell sharply in this week to US cent 24.005-24.255 per pound from last weeks level of US cent 31.255-31.505 per pound.

Fibre2fashion News Desk - China

Must ReadView All

Indian govt relaxes cabotage rule for cotton transport

Textiles | On 25th May 2018

Indian govt relaxes cabotage rule for cotton transport

The Government of India has relaxed cabotage rules for transportation ...

Courtesy: Teejay Lanka

Textiles | On 25th May 2018

Teejay Lanka doubles production capacity at Indian mill

Teejay Lanka, one of Sri Lanka’s largest textile manufacturers, has...

Courtesy: Messe Frankfurt/Yarn Expo Autumn edition

Textiles | On 25th May 2018

Yarn Expo Autumn 2018 scheduled earlier

Over 500 exhibitors are expected at the Yarn Expo Autumn 2018, being...

Interviews View All

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Urs Stalder
Sanitized AG

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Bani Batra

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

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

May 2018

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

news category

Related Categories:

Advanced Search