Home / Knowledge / News / Textiles / CPC Corp cuts price of key petrochemical products

CPC Corp cuts price of key petrochemical products

27
Oct '08
CPC Corporation, the Taiwan based petrochemical major, has after recalculating its pricing formulae decided to lower the October delivery price of ethylene by about 40 percent from the previous month to US $900 per month.

Accordingly price of propylene has also been decreased to $1,000 per ton, down by nearly 23 percent and that of butadiene to $2300 per ton, down $100 from the previous month.

According to market experts, the price quoted by CPC Corp of basic raw materials is now in uniformity with contract prices prevailing in Europe, the US and other major petrochemical markets of Asia.

This changed pricing formulae and lowering of prices of key petrochemical inputs like ethylene and propylene by CPC Corp has come about due to a request from the Taiwan Petrochemical Association.

Fibre2fashion News Desk - China


Must ReadView All

Pic: Shutterstock

Textiles | On 20th Oct 2020

Italy clears stimulus package to help pandemic-hit economy

Italy recently approved a new stimulus package in its 2021 budget to...

Pic: Shutterstock

Retail | On 20th Oct 2020

US retail sales growth speeds up, Sept 4th month of gains

A strong rebound in apparel led a continuing V-shaped recovery as...

Pic: Shutterstock

Textiles | On 20th Oct 2020

China building more competitive mulberry silk industry

China is striving to build a more competitive mulberry silk industry...

Interviews View All

Dharmendra Shah, Ozone PB Spintex Limited

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Yashiki Gumber, Sahiba Fabrics

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Anvita Mehra, Confidential Couture

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Marcus Hardelauf,

Marcus Hardelauf

Germany-based Textechno is one of the leading manufacturers of testing...

Dejan Lalevic,

Dejan Lalevic

Mesdan SPA, a subsidiary of Italian firm Savio Macchine Tessili,...

Carolin Russ,

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Luis Quijano, Liberty University

Luis Quijano
Liberty University

Focusing on bold patterns and colour palettes, Luis Quijano, a student at...

Karl Zelik, Vanderbilt University

Karl Zelik
Vanderbilt University

A team of engineers at the Vanderbilt University has designed a smart...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Igor Chapurin, Chapurin

Igor Chapurin
Chapurin

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

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

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


October 2020

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


Advanced Search