Home / Knowledge / News / Textiles / Ethylene price plunges, MEG rises
Ethylene price plunges, MEG rises
Aug '11
Paraxylene price remained stable in Asian markets at around US$ 1660/ton. In S E Asian region, price was quoted in between US$ 1655/ton to US$ 1665/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$ 1660/ton.

In S E Asia, PTA price opened with weak market sentiment. In Chinese market, offer price hovered in between RMB 9900/ton to RMB 10000/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 went down drastically to US$ 1130/ton in S E Asian market. In F E Asian market, price was in the range of US$ 1130/ton to US$ 1135/ton. In European domestic market, price was in the range of € 995/ton to € 1005/ton and in imported goods it was in between US$ 1380/ton to US$ 1385/ton. In U.S.A market selling offers for Ethylene was in the range of 63.25 cents/pound to 63.80 cents/pound.

MEG price went up to around US$ 1250/ton to US$ 1255/ton. In Indian markets, price of MEG stabilised to around US$ 1245/ton to US$ 1255/ton and in domestic Chinese market, MEG price was in the range of RMB 9600/ton to RMB 9750/ton. MEG price is expected to remain weak in near future.

BGPET Chips price remained stable in S E Asian region in tandem with feedstock prices and assessed between US$ 1720/ton to US$ 1730/ton. In F E Asian markets, selling offers were around US$ 1725/ton for exportable goods. In Chinese market BG PET Chip was at RMB 12900/ton.

FGPET Chips prices in Korean markets stayed unchanged from US$ 1620/ton to US$ 1630/ton and in Indian market; it was assessed in the range of US$ 1610/ton to US$ 1620/ton. In Chinese market FG PET Chip was at RMB 12450/ton to RMB 12550/ton.

PSF price remained stable, in N E Asian market. PSF offers hovered in the range of US$ 1945/ton to US$ 1955/ton. In S E Asian market, PSF offers were around US$ 1945/ton. In Chinese domestic market PSF offers were in the range of RMB 13150/ton to RMB 13300/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

Apparel/Garments | On 21st Oct 2016

China’s garment retail sales grow 7.2% in Jan-Sept ’16

Retail sales of garments, footwear, hats and knitwear of Chinese...

Mike Preston, executive director of the Arkansas Economic Development Commission (AEDC), signing MoU with Tang from Suzhou Tianyuan Garments company. Courtesy: Government of Arkansas

Apparel/Garments | On 21st Oct 2016

Suzhou Tianyuan to open $20 mn garment factory in US

Suzhou Tianyuan Garments company, a Chinese manufacturer of casual...

Textiles | On 21st Oct 2016

Pakistan’s textile exports fall 5.96% y-o-y in Q1 FY17

The value of textile and garment exports made by Pakistan decreased...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Veronique Lee

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Lynda Kelly
Suominen Corporation

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Jay Ramrakhiani
Occasions Elegance Wear

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

Igor Chapurin

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

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


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search