Home / Knowledge / News / Textiles / PX & MEG prices fall, FGPET chip & PSF up
PX & MEG prices fall, FGPET chip & PSF up
16
Sep '11
Paraxylene (PX) price decreased marginally in Asian markets and stood around US$ 1725/ton. In S E Asian region, price was quoted in between US$ 1720/ton to US$ 1725/ton. In the F E Asian market, price hovered in the range of US$ 1720/ton to US$ 1730/ton. In Chinese market, price went up near US$ 1725/ton.

In S E Asia, PTA price remained stable. In Chinese market, offer price hovered in between RMB 10600/ton to RMB 10700/ton. In Asian market, PTA price remained range bound in between US$ 1355/ton to US$ 1360/ton. PTA imported from Taiwanese market was quoted around US$ 1355/ton.

Ethylene price remained stable, at US$ 1090/ton in S E Asian market. In F E Asian market, price was in the range of US$ 1050/ton to US$ 1060/ton. In European domestic market, price was in the range of € 990/ton to € 995/ton and in imported goods, it was in between US$ 1375/ton to US$ 1380/ton. In U.S.A market, last selling offers for ethylene was in the range of 62.60 cents/pound to 62.95 cents/pound.

MEG price went down to US$ 1320/ton to US$ 1330/ton. In Indian markets, price of MEG was stable around US$ 1320/ton to US$ 1325/ton and in domestic Chinese market, MEG price was in the range of RMB 10200/ton to RMB 10250/ton.

BGPET Chips price was stable in S E Asian region and was assessed between US$ 1755/ton to US$ 1765/ton. In F E Asian markets, selling offers were around US$ 1765/ton for exportable goods. In Chinese market BG PET Chip was at RMB 13275/ton.

FGPET Chips prices in Korean markets improved marginally at US$ 1690/ton to US$ 1710/ton and in Indian market; it was assessed in the range of US$ 1690/ton to US$ 1705/ton. In Chinese market FG PET Chip was at RMB 13000/ton to RMB 13100/ton.

PSF price went up in N E Asian market. PSF offers hovered in the range of US$ 2005/ton to US$ 2010/ton. In S E Asian market, PSF offers were around US$ 2005/ton. In Chinese domestic market, PSF offers were in the range of RMB 13900/ton to RMB 14050/ton.

Polyester yarn prices in Chinese domestic market remained stable. Offers for POY and FDY were at RMB 14800/ton and RMB 14850/ton. Selling offers for DTY were stable around RMB 16350/ton. In export market, offers for POY, FDY and DTY were at US$ 2030/ton, 2025/ton and US$ 2235/ton, respectively.

Editorial Note:
PSF price firm in line with allied natural spinning fibres despite, disturbed polyester value chain.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Ministry of Trade and Industry, Singapore

Textiles | On 22nd Feb 2018

Final version of CPTPP pact released; to be signed in March

The final version of the Comprehensive and Progressive Agreement for...

Amazon India crosses 3 lakh seller base in less than 5 yrs

Apparel/Garments | On 22nd Feb 2018

Amazon India crosses 3 lakh seller base in less than 5 yrs

Amazon recently claimed to have crossed the three-lakh seller base in ...

Gujarat finance minister Nitin Patel. Courtesy: Global Gujarat News

Textiles | On 22nd Feb 2018

Rs843 cr for MSMEs, Rs35 cr for khadi in Gujarat budget

The Gujarat government has made a provision of Rs 843 crore in the...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kevin Nelson
TissueGen

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Madhu Jain
Madhu Jain

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Jay Ramrakhiani
Occasions Elegance Wear

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

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

February 2018

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
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

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
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

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
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

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
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


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