Home / Knowledge / News / Textiles / Ethylene prices firm due to tight supply
Ethylene prices firm due to tight supply
15
Apr '10
In the Asian ethylene markets on April 13, FOB Korea was quoted at US $1150-1200 per ton, essentially unchanged from last week. CFR Northeast Asia stood at $1200-1260 per ton, up $20 from last week and CFR South East Asia was $1150-1200/ ton, up $10-30 from last week.

Market prices of Asian ethylene spot were firm, mainly due to tight supply on account of ongoing maintenance of Japanese crackers. It was reported that, two new cracker plants in Southeast Asia are running their plants at 60-70 percent operational rates, which is in turn providing support to market price.

In the Northeast Asia market, offers for shipment in the second half of April and first half of May were $1260-1300 per ton (CFR Northeast Asia), but the baseline level of purchase intention stood at around $1200 per ton.

In the Southeast Asia ethylene spot market, prices were quoted at $1150-1200 per ton (CFR South East Asia) and some buyers were willing to pay $1200 per ton for purchasing cargo. Demand for shipment in the second half of April was steady, but supply was limited, sale intention was at $1250 per ton.

Fibre2fashion News Desk


Must ReadView All

May 31 deadline for registration of chemicals under REACH

Textiles | On 23rd May 2018

May 31 deadline for registration of chemicals under REACH

May 31 is the final deadline for companies to register all chemicals...

US cotton production projected to decline in 2018: USDA

Textiles | On 23rd May 2018

US cotton production projected to decline in 2018: USDA

US cotton production is forecast at 19.5 million bales, nearly 7 per...

Pakistan's textile exports up 8.13% in July-April FY18

Textiles | On 23rd May 2018

Pakistan's textile exports up 8.13% in July-April FY18

The value of textile and garment exports from Pakistan increased by...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Erik Sy

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Johan Berlin
InvestKonsult Sweden AB

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Wendell Rodricks
Wendell Rodricks

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, 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

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