Home / Knowledge / News / Textiles / PTA & ethylene prices firm, PSF stable
PTA & ethylene prices firm, PSF stable
05
Aug '11
Paraxylene price corrected slowly in Asian market and price was around US$ 1605/ton. In S E Asian region, price was quoted in between US$ 1600/ton to US$ 1610/ton. In the F E Asian market, price hovered in the range of US$ 1605/ton to US$ 1615/ton. In Chinese market, price went down to US$ 1610/ton.

In S E Asia, PTA price remained firm around US$ 1260/ton. In Chinese market, PTA trading price hovered around RMB 9500/ton but offer price hovered in between RMB 9550/ton to RMB 9650/ton. In Asian market, PTA price remained range bound in between US$ 1260/ton to US$ 1270/ton.

Ethylene price remained firm around US$ 1205/ton in S E Asian market. In F E Asian market, price was in the range of US$ 1200/ton to US$ 1210/ton. In European domestic market, price was in the range of € 1000/ton to € 1005/ton. In U.S.A market selling offers for Ethylene was in the range of 63.35 cents/pound to 63.85 cents/pound.

MEG price was range bound 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$ 1280/ton to US$ 1290/ton and in domestic Chinese market, MEG price was in the range of RMB 9650/ton to RMB 9750/ton.

BGPET Chips price remained stable in S E Asian region in tandem with feedstock prices and 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$ 1610/ton to US$ 1620/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 12650/ton to RMB 12750/ton.

PSF price remained stable, 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.

Editorial Note:
PET Value chain is under consolidation stage. Buyers were cautious and expected softer price in next week.

Click here to view and compare daily prices.

Fibre2fashion News Desk - India

Must ReadView All

L-R Manish Singhai, COO, Peter England; Vinai Kumar Saxena, chairman, KVIC; Ashish Dikshit, business head, ABFRL and Anshu Sinha, CEO, KVIC while signing agreement. Courtesy: ABFRL

Textiles | On 24th May 2017

Aditya Birla & KVIC enter into a strategic partnership

Aditya Birla Fashion and Retail Ltd (ABFRL) and Khadi and Village...

Courtesy: Jabong

Apparel/Garments | On 24th May 2017

Jabong Mood Store redefines online shopping in India

Jabong, India's leading online fashion retailer, has launched the...

Textiles | On 24th May 2017

Starlinger unveils FX 8.0 circular loom for fabric making

Starlinger, a leading supplier of machinery for woven plastic...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kevin Nelson
TissueGen

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

Larry L Kinn
Suominen Corporation

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

Yash P. Kotak
Bombay Hemp Company

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Pranav Mishra
Huemn

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

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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