Home / Knowledge / News / Textiles / Ethylene market in US plummets sharply
Ethylene market in US plummets sharply
12
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

Apparel/Garments | On 23rd May 2017

Apparel, footwear use may rise by 63% in 2030: Report

The apparel and footwear consumption is projected to rise by 63 per...

Apparel/Garments | On 23rd May 2017

Gap Inc earns $3.4 bn in net sales in Q1 FY17

Gap Inc's net sales for the first quarter of fiscal year 2017 were...

Textiles | On 23rd May 2017

Grasim's VSF business net revenue up 12% in Q4 FY17

The viscose staple fibre (VSF) business of Grasim Industries has...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Suresh Patel
Sidwin Fabric

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

Ashok Desai
Bombay Textile Research Association

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

Sonam & Paras Modi
SVA

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

Ritu Kumar
Label Ritu Kumar

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

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

news category


Related Categories:
May 2017

May 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