Home / Knowledge / News / Textiles / Ethylene spot prices gain in previous week
Ethylene spot prices gain in previous week
17
Aug '10
In the just concluded week, Asian spot ethylene prices rose between US $10-40 / ton, although large price differences between offers and bids continued to impede deals. Most buyers did not want to cater to sales intention at $950 / ton (CFR Asia) or higher.

But some merchants said that downstream producers of PE and MEG derivatives could accept ethylene price for more than $900 / ton.

Downstream derivatives market remained basically firm in the week. High-density PE film grade stabilized at $1100-1150 / ton (CFR China). PVC price rose $20 to $920-940 / ton (CFR China). Styrene price fell $10 to $1080-1090 / ton (CFR China). MEG price grew between $15-20 to $765-775 / ton (CFR China).

In the Northeast Asia market, ethylene stock valuation increased by $30-40 to $900-950 / ton (CFR Northeast Asia), however, trade was light. Purchase intention of most end-users was around $900 / ton (CFR Northeast Asia), but traders were interested in the range of $900-950(CFR Northeast Asia).

In Southeast Asia, ethylene spot price ascended by $30 to $880-900 / ton (CFR South East Asia). Selling intention was $900-950 / ton (CFR South East Asia), but purchase intention hovered around $850-900 / ton (CFR South East Asia).

In the FOB Southeast Asian market, purchase intention for cargo in the first half of September was around $840/ ton in early week, but sellers expected higher price, so no deal reached.

Fibre2fashion News Desk

Must ReadView All

Textiles | On 30th May 2017

CAI estimates 2016-17 cotton crop at 340.5 lakh bales

Cotton Association of India (CAI) has retained its earlier estimate...

Courtesy: World Bank/Claude Renault

Textiles | On 30th May 2017

India’s economic fundamentals remain strong: World Bank

India remains the fastest growing economy in the world – economic...

Courtesy: Dollar Industries

Apparel/Garments | On 30th May 2017

Dollar Industries registers Rs 906 cr turnover in FY17

Hosiery major Dollar Industries Limited registered a turnover of Rs...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Marten Alkhagen
Swerea IVF AB

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

Suresh Patel
Sidwin Fabric

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

Urs Stalder
Sanitized AG

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> 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

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