Home / Knowledge / News / Textiles / PX prices slide, ethylene & MEG move up
PX prices slide, ethylene & MEG move up
01
Jul '11
Paraxylene prices in Asian market went down to around US$ 1380/ton. In S E Asian region, price was quoted in between US$ 1375/ton and US$ 1380/ton. In the F E Asian market, price hovered in the range of US$ 1375/ton to US$ 1485/ton. In Chinese market, price went down to US$ 1380/ton.

In S E Asia, sentiments in PTA market were firm at US$ 1145/ton. In Chinese market, PTA trading price hovered around RMB 9050/ton, but offer price hovered in between RMB 9050/ton to RMB 9100/ton. In Asian market, PTA price remained range bound in between US$ 1145/ton to US$ 1150/ton. Speculators hold their buying offers and adopted stance of wait and watch.

Ethylene price went up to US$ 1115/ton in S E Asian market. In F E Asian market, price was in the range of US$ 1105/ton to US$ 1115/ton. In European international and domestic market, price remained around US$ 1355/ton and € 890/ton, respectively. In U.S.A market, selling offer for Ethylene was in the range of 55.25 cents/pound to 55.35 cents/pound for July delivery.

MEG markets spurted up slowly in S E Asian region; price hovered mainly in the range of US$ 1235/ton to US$ 1240/ton. In Indian markets, price of MEG rose to around US$ 1235/ton to US$ 1245/ton and in Chinese market, MEG price stood in the range of RMB 9425/ton to RMB 9450/ton.

BGPET Chips price remained stable in S E Asian region and was quoted between US$ 1625/ton to US$ 1635/ton. In F E Asian markets, selling offers were around US$ 1620/ton for exportable goods. In Chinese market BG PET Chip was at RMB 12100/ton.

FGPET Chips prices in Korean markets remained stable around US$ 1540/ton to US$ 1560/ton and in Indian market; it was assessed in the range of US$ 1570/ton to US$ 1590/ton. In Chinese market FG PET Chip was at RMB 11750/ton to RMB 11850/ton.

PSF price remained unchanged in global market; offers hovered around US$ 1845/ton to US$ 1855/ton. In S E Asian market, PSF offers were around US$ 1850/ton. In Chinese domestic market PSF offers were around RMB 12700/ton.

Polyester yarn prices in Chinese domestic market were stable. Offers for FDY and POY were at RMB 13700/ton and RMB 13900/ton, respectively. Selling offers for DTY was around RMB 15800/ton. In export market offers for POY, FDY and DTY were respectively at US$ 1870/ton, 1825/ton and US$ 2120/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


Must ReadView All

Global economic upswing became broader & stronger: IMF

Textiles | On 19th Apr 2018

Global economic upswing became broader & stronger: IMF

The global economic upswing that began around mid-2016 has become...

Courtesy: ITMA

Textiles | On 19th Apr 2018

ITMA 2019 expanding space due to overwhelming response

Due to overwhelming response, the exhibition space has been increased ...

Indian inter-ministerial group to study e-commerce issues

Apparel/Garments | On 19th Apr 2018

Indian inter-ministerial group to study e-commerce issues

The Indian Government has set up an inter-ministerial group to study...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

John Kelley

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

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search