Home / Knowledge / News / Textiles / PX, PTA, ethylene and MEG trends fall in tandem
PX, PTA, ethylene and MEG trends fall in tandem
31
Aug '11
Paraxylene (PX) price declined marginally in Asian markets to around US$ 1670/ton. In S E Asian region, price was quoted in between US$ 1670/ton to US$ 1675/ton. In the F E Asian market, price hovered in the range of US$ 1670/ton to US$ 1675/ton. In Chinese market, price went down to US$ 1670/ton.

In S E Asia, PTA price went down in tandem with market sentiment. In Chinese market, offer price hovered in between RMB 10050/ton to RMB 10150/ton. In Asian market, PTA price remained range bound in between US$ 1270/ton to US$ 1275/ton. PTA imported from Taiwanese market was quoted around US$ 1275/ton.

Ethylene price declined to US$ 1125/ton in S E Asian market. In F E Asian market, price was in the range of US$ 1120/ton to US$ 1130/ton. In European domestic market, price was in the range of € 990/ton to € 1000/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 63.30 cents/pound to 63.60 cents/pound.

MEG price went down to around US$ 1265/ton to US$ 1270/ton. In Indian markets, price of MEG stabilised to around US$ 1260/ton to US$ 1270/ton and in domestic Chinese market, MEG price was in the range of RMB 9800/ton to RMB 9850/ton.

BGPET Chips price remained stable in S E Asian region and was 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 at US$ 1625/ton to US$ 1635/ton and in Indian market; it was assessed in the range of US$ 1615/ton to US$ 1625/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$ 1955/ton to US$ 1970/ton. In S E Asian market, PSF offers were around US$ 1965/ton. In Chinese domestic market, PSF offers were in the range of RMB 13250/ton to RMB 13400/ton.

Polyester yarn prices in Chinese domestic market went up. Offers for POY and FDY were at RMB 14400/ton and RMB 14450/ton. Selling offers for DTY were stable around RMB 16150/ton. In export market offers for POY, FDY and DTY were at US$ 1970/ton, 1960/ton and US$ 2200/ton, respectively.

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

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Mohammad Hassan
Biax Fiberfilm

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

Urs Stalder
Sanitized AG

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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
68.1%
No
13.8%
Skip
18.1%

Total Votes: 94

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
62.8%
No
29.8%
Skip
7.4%

Total Votes: 94

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
87.2%
No
9.6%
Skip
3.2%

Total Votes: 94

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
81.9%
No
8.5%
Skip
9.6%

Total Votes: 94


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