Home / Knowledge / News / Textiles / Chinese demand may propel propylene prices
Chinese demand may propel propylene prices
26
Feb '10
Naphtha and crude oil prices have rebounded in the week and some propylene sellers are insisting on a higher target price of about US $1250 per ton (CFR Northeast Asia), because they expect purchases from China to increase after the holidays. However, some buyers insisted on a price lower than $1200 per ton (CFR China).

In the Northeast Asia market, propylene spot price stood at $1150-1250 per ton (CFR Northeast Asia), although transactions were far and few between. It was reported that there were some cargoes available for sale in Middle East at a price of about $1200 per ton (CFR China), for arrivals at end of March, but no deal was reached.

Market participants said price in Shandong province, China was still substantially lower than RMB 10,000 / ton (ex-warehouse). In the Northeast Asian market, intention of selling price was about $1200 per ton, for arrivals in March.

In Southeast Asia, spot price fell by $10-20 per ton, to $1130-1180 per ton (CFR South East Asia), reflecting the level of sporadic trading and bargaining in the market.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Applied DNA Sciences

Apparel/Garments | On 24th Feb 2017

SigNatureT DNA can help prevent apparel counterfeiting

SigNatureT DNA is forensic molecular tag by Applied DNA Sciences...

Textiles | On 24th Feb 2017

Pakistan's textile exports down 1.54% in July-Jan FY17

The value of textile and garment exports made by Pakistan decreased...

Courtesy: The Irish News/Christian Cowan (Google)

Fashion | On 24th Feb 2017

Google & Christian Cowan create 'really blue' jeans

Google has partnered with British fashion designer Christian Cowan to ...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Neel Sawhney
One Friday

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

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

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 ...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Ritu Kumar
Label Ritu Kumar

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

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
February 2017

February 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