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Weak activity in textile raw material industry

18 Oct '07
1 min read

Due to weak demand, the textile raw material industry is witnessing sluggish activity. Though the market picked up slightly after Golden Week holidays, the sce3nario has not seen major change. Prices of raw materials like ethylene and propylene have also been affected.

Market express of ethylene prices

Asia region ethylene prices:

Ethylene, CFR Northeast Asia, at US $1195-1200 per metric ton

Ethylene, CFR Southeast Asia, at US $1185-1190 per metric ton

Market express of propylene prices

Far East region propylene prices:

Propylene, FOB South Korea, at US $1065-1070 per ton

European region propylene prices:

Propylene (polymerization level), FD Northwest Europe, at Euro 911-921 per metric ton

Propylene (polymerization level), CIF Northwest Europe, at Euro 896-906 per metric ton

Fibre2fashion, News Desk - China

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