Home / Knowledge / News / Textiles / Ethylene contracts expected to decline further
Ethylene contracts expected to decline further
07
May '10
According to reports, the downward pressure on spot prices of ethylene caused the settlement price of April contract in the United States to fall down by 3 cents per pound (US $66 per ton or €50 per ton).

According to ICIS price, the settlement price of April ethylene contract in the United States was 52.50 cents per lb and the price declined for the first time since July 2009.

Spot ethylene price in the United Stated was 42.00-47.25 cents / lb at the end of April, down 36.5 percent from the average price of 67.50-73.00 cents / lb in early April.

Market participants say that May contract price of ethylene will continue to decline, because the spot market continues to face pressure. Spot price of May delivery ethylene was 42.00 and 43.00 cents / pound on Tuesday.

June contracts were traded at 40.00 cents / lb. Market source say that May contract is expected to decline by another 6 or 7 cents / pound.

Fibre2fashion News Desk


Must ReadView All

Courtesy: Nine West

Fashion | On 17th Jun 2018

ABG wins bid in Nine West Holdings auction

Authentic Brands Group (ABG), owner of a global portfolio of...

Courtesy: Kreussler

Textiles | On 17th Jun 2018

USDA certifies Kreussler's solvent as biobased

The US Department of Agriculture (USDA) has certified Kreussler's...

Courtesy: ITUC

Textiles | On 17th Jun 2018

Democratic space shrink & corporate greed are rising: ITUC

Shrinking democratic space for working people and unchecked corporate ...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ashok Desai
Bombay Textile Research Association

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

Madhu Jain
Madhu Jain

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

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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


June 2018

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

news category


Related Categories:

Advanced Search