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

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Top executives
Textile & apparel bodies

The decision is transformational

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Top executives
Textile industry

The foremost issue is bridging the skill gap

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Abhishek Pachauri

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

October 2017

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
76.8%
No
13.0%
Skip
10.1%

Total Votes: 69

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
62.3%
No
27.5%
Skip
10.1%

Total Votes: 69

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
85.5%
No
10.1%
Skip
4.3%

Total Votes: 69

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
75.4%
No
11.6%
Skip
13.0%

Total Votes: 69


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