Home / Knowledge / News / Textiles / PTA & ethylene trends stable, MEG & PSF dip
PTA & ethylene trends stable, MEG & PSF dip
08
Jul '11
Paraxylene Asian market increased to around US$ 1385/ton. In S E Asian region, price was quoted in between US$ 1380/ton to US$ 1385/ton. In the F E Asian market, price hovered in the range of US$ 1375/ton to US$ 1385/ton. In Chinese market, price went down to US$ 1385/ton.

In S E Asia, PTA market was stable at US$ 1165/ton. In Chinese market, PTA trading price hovered around RMB 9100/ton but offer price hovered in between RMB 9050/ton to RMB 9125/ton. In Asian market, PTA price remained range bound in between US$ 1155/ton to US$ 1165/ton.

Ethylene price was stable around US$ 1135/ton in S E Asian market. In F E Asian market, price was in the range of US$ 1130/ton to US$ 1135/ton. In European international and domestic market, price remained stable around US$ 1355/ton and € 890/ton, respectively. In U.S.A market selling offer for ethylene was in the range of 55.50 cents/pound to 56.90 cents/pound for July delivery.

MEG markets continued to decline slowly in S E Asian region; price hovered mainly in the range of US$ 1215/ton to US$ 1220/ton. In Indian markets, price of MEG rose to around US$ 1215/ton to US$ 1220/ton and in Chinese market, MEG price stood in the range of RMB 9375/ton to RMB 9425/ton.

BGPET Chips price remained stable in S E Asian region and was price was between US$ 1585/ton to US$ 1595/ton. In F E Asian markets, selling offers were around US$ 1590/ton for exportable goods. In Chinese market BG PET Chip was at RMB 11800/ton. BG PET Chip is expected to decline further.

FGPET Chips prices in Korean markets remained stable around US$ 1540/ton to US$ 1550/ton and in Indian market; it was assessed in the range of US$ 1560/ton to US$ 1580/ton. In Chinese market FG PET Chip was at RMB 11750/ton to RMB 11850/ton.

PSF price declined in N E Asian market; offers hovered around US$ 1820/ton to US$ 1830/ton. In S E Asian market PSF offers were around US$ 1830/ton. In Chinese domestic market PSF offers were stable at RMB 12500/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 review daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 18th Jan 2017

Government considering 100% FDI in single brand retail

The Government of India is looking at allowing 100 per cent foreign...

Courtesy: Walmart

Apparel/Garments | On 18th Jan 2017

Walmart to create 34,000 new jobs in the US

The world’s biggest retailer and also the biggest US private sector...

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search