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

Courtesy: ABARES

Textiles | On 13th Dec 2017

Australian cotton production to grow 4% in 2017-18: ABARES

Cotton production in Australia is forecast to rise by 4 per cent to...

Global economy now growing by about 3%: UN

Textiles | On 13th Dec 2017

Global economy now growing by about 3%: UN

There is an upturn in the global economy, and it is now growing by...

Winners of Outstanding Award for Exceptional Performance with Anusha Alles (extreme right) and Sakura Manthreerathne, P.A.C.E. specialist at Brandix; Courtesy: Brandix

Apparel/Garments | On 13th Dec 2017

Brandix’s female workers benefit from GAP’s P.A.C.E

A group of 181 Brandix female associates have recently completed...

Interviews View All

Top executives
Textile & apparel bodies

The decision is transformational

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eric Scholler
Groz-Beckert

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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