Home / Knowledge / News / Textiles / Decline in prices across PET value chain
Decline in prices across PET value chain
12
Jul '11
Paraxylene Asian market declined to around US$ 1400/ton. In S E Asian region, price was quoted in between US$ 1395/ton to US$ 1400/ton. In the F E Asian market, price hovered in the range of US$ 1390/ton to US$ 1400/ton. In Chinese market, price went down to US$ 1400/ton and in domestic market it was around RMB 9300/ton.

In S E Asia, PTA market fell to US$ 1160/ton. In Chinese market, PTA trading price hovered around RMB 8925/ton but offer price hovered in between RMB 8900/ton to RMB 8950/ton. In Asian market, PTA price remained range bound in between US$ 1155/ton to US$ 1165/ton.

Ethylene price dipped up to US$ 1150/ton in S E Asian market. In F E Asian market, price was in the range of US$ 1150/ton to US$ 1155/ton. In European international and domestic market, price hovered around US$ 1200/ton and € 835/ton, respectively. In U.S.A market selling offer for Ethylene was in the range of 56.50 cents/pound to 56.90 cents/pound for July delivery.

MEG markets too dropped in S E Asian region; price hovered mainly in the range of US$ 1180/ton to US$ 1190/ton. In Indian markets, price of MEG rose to around US$ 1185/ton to US$ 1195/ton and in Chinese market, MEG price stood in the range of RMB 9100/ton to RMB 9150/ton.

BGPET Chips price remained stable in S E Asian region and was priced between US$ 1570/ton to US$ 1580/ton. In F E Asian markets, selling offers were around US$ 1575/ton for exportable goods. In Chinese market BG PET Chip was at RMB 11750/ton.

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 went down further, in N E Asian market; offers hovered around US$ 1810/ton to US$ 1815/ton. In S E Asian market, PSF offers were around US$ 1815/ton. In Chinese domestic market, PSF offers were at RMB 12450/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

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Abhishek Pachauri

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

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Hardik Sanghvi

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

Ashok Desai
Bombay Textile Research Association

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Ritu Kumar
Label Ritu Kumar

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace 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

December 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
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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