Home / Knowledge / News / Textiles / PX, ethylene & MEG prices decline
PX, ethylene & MEG prices decline
03
Aug '11
Paraxylene price declined in Asian market price and was quoted around US$ 1620/ton. In S E Asian region, price was quoted in between US$ 1620/ton to US$ 1625/ton. In the F E Asian market, price hovered in the range of US$ 1625/ton to US$ 1635/ton. In Chinese market, price went down to US$ 1630/ton.

In S E Asia, PTA price remained firm around US$ 1260/ton. In Chinese market, PTA trading price hovered around RMB 9700/ton but offer price hovered in between RMB 9675/ton to RMB 9725/ton. In Asian market, PTA price remained range bound in between US$ 1250/ton to US$ 1260/ton.

Ethylene price declined to US$ 1190/ton in S E Asian market. In F E Asian market, price was in the range of US$ 1190/ton to US$ 1200/ton. In European domestic market, price was in the range of € 1010/ton to € 1020/ton. In U.S.A market, selling offers for Ethylene was in the range of 63.75 cents/pound to 64.25 cents/pound.

MEG price declined slowly in S E Asian region. Price hovered mainly in the range of US$ 1275/ton to US$ 1285/ton. In Indian markets, price of MEG increased to around US$ 1270/ton to US$ 1280/ton and in domestic Chinese market, MEG price was in the range of RMB 9900/ton to RMB 10000/ton.

BGPET Chips price went up in S E Asian region in tandem with feedstock prices and was assessed between US$ 1670/ton to US$ 1680/ton. In F E Asian markets, selling offers were around US$ 1680/ton for exportable goods. In Chinese market BG PET Chip was at RMB 12600/ton.

FGPET Chips prices in Korean markets remained stable around US$ 1580/ton to US$ 1600/ton and in Indian market; it was assessed in the range of US$ 1600/ton to US$ 1610/ton. In Chinese market FG PET Chip was at RMB 12600/ton to RMB 12700/ton.

PSF price went up, in N E Asian market; offers hovered in the range of US$ 1895/ton to US$ 1905/ton. In S E Asian market, PSF offers were around US$ 1905/ton. In Chinese domestic market PSF offers were at RMB 13050/ton.

Polyester yarn prices in Chinese domestic market were stable. Offers for POY and FDY were at RMB 14300/ton and RMB 14350/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, 1930/ton and US$ 2170/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Steve Cole
Xerium Technologies

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

Mohammad Hassan
Biax Fiberfilm

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Rupa Sood and Sharan Apparao
Nayaab

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

Karan Arora
Karan Arora

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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