Home / Knowledge / News / Textiles / Ethylene & MEG trends dip, PSF firms up
Ethylene & MEG trends dip, PSF firms up
23
Aug '11
Paraxylene price faced marginal upward correction in Asian markets and stood around US$ 1655/ton. In S E Asian region, price was quoted in between US$ 1650/ton to US$ 1655/ton. In the F E Asian market, price hovered in the range of US$ 1650/ton to US$ 1660/ton. In Chinese market, price went down to US$ 1655/ton.

In S E Asia, PTA price opened with firm sentiment. In Chinese market, PTA trading price hovered around RMB 9800/ton but offer price hovered in between RMB 9800/ton to RMB 9850/ton. In Asian market, PTA price remained range bound in between US$ 1270/ton to US$ 1275/ton. PTA imported from Taiwanese market was around US$ 1275/ton.

Ethylene price declined to US$ 1165/ton in S E Asian market. In F E Asian market, price was in the range of US$ 1165/ton to US$ 1170/ton. In European domestic market, price was in the range of € 985/ton to € 990/ton, and in imported goods it was in between US$ 1400/ton to US$ 1405/ton. In U.S.A market selling offers for Ethylene was in the range of 61.65 cents/pound to 62.15 cents/pound.

MEG price waned in the range of US$ 1240/ton to US$ 1250/ton. In Indian markets, price of MEG stabilized to around US$ 1235/ton to US$ 1245/ton and in domestic Chinese market, MEG price was in the range of RMB 9500/ton to RMB 9550/ton.

BGPET Chips price remained stable in S E Asian region in tandem with feedstock prices and was assessed between US$ 1725/ton to US$ 1735/ton. In F E Asian markets, selling offers were around US$ 1730/ton for exportable goods. In Chinese market BG PET Chip was at RMB 12900/ton.

FGPET Chips prices in Korean markets stayed unchanged between 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 12450/ton to RMB 12550/ton.

PSF price opened with firm sentiment after an interval in N E Asian market. PSF offers hovered in the range of US$ 1940/ton to US$ 1945/ton. In S E Asian market, PSF offers were around US$ 1940/ton. In Chinese domestic market PSF offers were in the range of RMB 13100/ton to RMB 13250/ton.

Polyester yarn prices in Chinese domestic market remain unchanged. Offers for POY and FDY were at RMB 14200/ton and RMB 14250/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$ 2185/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

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

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

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

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Vikas Banduke

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

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Larry L Kinn
Suominen Corporation

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

Eric Scholler
Groz-Beckert

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

Paolo Ocleppo
Sandvik Hyperion

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

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

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