Home / Knowledge / News / Textiles / PX & PSF prices rise, MEG stable
PX & PSF prices rise, MEG stable
26
Jul '11
Paraxylene price inclined in Asian market to around US$ 1535/ton. In S E Asian region, price was quoted in between US$ 1530/ton to US$ 1535/ton. In the F E Asian market, price hovered in the range of US$ 1525/ton to US$ 1535/ton. In Chinese market, price went down to US$ 1530/ton.

In S E Asia, PTA price remained firm at around US$ 1210/ton. In Chinese market, PTA trading price hovered around RMB 9350/ton but offer price hovered in between RMB 9325/ton to RMB 9375/ton. In Asian market, PTA price remained range bound in between US$ 1205/ton to US$ 1210/ton.

Ethylene price remained unchanged at around US$ 1180/ton in S E Asian market. In F E Asian market, price was in the range of US$ 1175/ton to US$ 1185/ton. In European international and domestic market, price hovered around US$ 1210/ton and € 845/ton, respectively. In U.S.A market, selling offer for ethylene was in the range of 60.50 cents/pound to 61.50 cents/pound for July delivery.

MEG price remained stable, in S E Asian region. Price hovered mainly in the range of US$ 1210/ton to US$ 1215/ton. In Indian markets, price of MEG increased to around US$ 1210/ton to US$ 1215/ton and in domestic Chinese market, MEG price was in the range of RMB 9350/ton to RMB 9400/ton.

BGPET Chips price shot up in S E Asian region and was assessed between US$ 1600/ton to US$ 1620/ton. In F E Asian markets, selling offers were around US$ 1610/ton for exportable goods. In Chinese market BG PET Chip was at RMB 12250/ton.

FGPET Chips prices in Korean markets remained stable at around US$ 1550/ton to US$ 1560/ton and in Indian market; it was assessed in the range of US$ 1570/ton to US$ 1580/ton. In Chinese market FG PET Chip was at RMB 11950/ton to RMB 12050/ton.

PSF price went up slowly, in N E Asian market; offers hovered around US$ 1850/ton to US$ 1860/ton. In S E Asian market, PSF offers were around US$ 1850/ton. In Chinese domestic market PSF offers were at RMB 12750/ton.

Polyester yarn prices in Chinese domestic market were firm. Offers for POY and FDY were at RMB 14375/ton and RMB 14275/ton. Selling offers for DTY were stable around RMB 16050/ton. In export market, offers for POY, FDY and DTY were respectively at US$ 1935/ton, 1925/ton and US$ 2165/ton.

Editors Note:
Polyester value chain is poised for bullish run. Long term price rally is expected in Polyester value chain, in near future.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 27th Mar 2017

Fynd raises $500K Series A funding from Venture Catalysts

Fynd, an online to offline (O2O) e-commerce fashion marketplace, has...

Apparel/Garments | On 27th Mar 2017

Digital technology to accelerate Indian business growth

Indian business will benefit much by going digital, according to a...

Textiles | On 27th Mar 2017

Raymond to buy 98,000 metres khadi fabric from KVIC

Raymond, leading Indian fashion retailer, has ordered 98,000 metres...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Lynda Kelly
Suominen Corporation

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

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...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Ritu Kumar
Label Ritu Kumar

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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
March 2017

March 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