Home / Knowledge / News / Textiles / Asian ethylene prices on decline
Asian ethylene prices on decline
04
Mar '10
On March 2, ethylene prices of FOB Korea ranged in between US $1200-1250 per ton, down US $40-50 from the previous week. CFR Northeast Asia ranged in between $1230-1270, down US $30-50 from the previous week and CFR Southeast Asia was quoted at $1220-1280 per ton, down US $50-80 from the previous week.

Asian ethylene prices in the spot market fell further after the Lunar New Year holidays, as a number of cargoes flowed into the market from the Middle East, and also due to the fact that demand was limited.

The market is expected to decline further, as a number of plants using ethylene as raw material are about to put into operation, which will offset the impact on the market by the overhaul of a large number of crackers to be started this month.

While some sellers may be optimistic on limited decline of ethylene market, other sellers believe that the poor state of downstream derivatives market means there is still room for price decline of ethylene, because plant maintenance schedules are around the corner.

Fibre2fashion News Desk

Must ReadView All

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Ashok Desai
Bombay Textile Research Association

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

Urs Stalder
Sanitized AG

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mike Hoffman
Gildan Activewear SRL

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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