The prices of ethylene, a raw material used in the manufacturing of polyester, increased in the European and the US markets during the last fortnight ending December 15, 2013, due to firm energy market and a surge in feedstock prices.
The prices of ethylene, a raw material used in the manufacturing of polyester, increased in the European and the US markets during the last fortnight #
In Asian markets, however, ethylene prices showed a mixed trend due to tight product availability in the region coupled with firm upstream energy value, during the same fortnight.
The prices of ethylene, a raw material used in the manufacturing of polyester, increased in the European and the US markets during the last fortnight #
In Europe, the average ethylene price in the fortnight ending December 15 was US$ 1240/ton, showing an increase of 2.06 percent over the average price of US$ 1215/ton recorded in the previous fortnight ending November 30. The price further increased and was assessed at US$ 1255/ton on December 19.
The prices of ethylene, a raw material used in the manufacturing of polyester, increased in the European and the US markets during the last fortnight #
Ethylene contractual prices for December settled at € 1225/ton FD N W Europe, which represents a rise of € 30/ton from November levels.
The prices of ethylene, a raw material used in the manufacturing of polyester, increased in the European and the US markets during the last fortnight #
In the US market, average ethylene price increased by 2.78 percent to 55.50 cents/pound in the last fortnight ending December 15, as compared to the average price of 54.00 cents/pound in the previous fortnight.
The prices of ethylene, a raw material used in the manufacturing of polyester, increased in the European and the US markets during the last fortnight #
In S E Asia, average price of ethylene decreased by 0.35 percent to US$ 1410/ton in the last fortnight, as compared to the average price of US$ 1415/ton in the previous fortnight. However, price increased again and was quoted at US$ 1440/ton on December 19.
The prices of ethylene, a raw material used in the manufacturing of polyester, increased in the European and the US markets during the last fortnight #
In F E Asia, average price of ethylene was US$ 1330/ton last fortnight, up 1.92 percent compared to the previous fortnight’s average price of US$ 1305/ton.
The prices of ethylene, a raw material used in the manufacturing of polyester, increased in the European and the US markets during the last fortnight #
In Japan, average ethylene price in the last fortnight was US$ 1320/ton, which is an increase of 12.13 percent compared to the average price of US$ 1175/ton during the same fortnight of last year. The price rose by 1.35 percent in the last fortnight, as against the average price of US$ 1300/ton in the fortnight ending November 30, 2013.
The prices of ethylene, a raw material used in the manufacturing of polyester, increased in the European and the US markets during the last fortnight #
Fibre2fashion News Desk - India