Home / Knowledge / News / Textiles / PX, PSF & MEG prices continue spurt
PX, PSF & MEG prices continue spurt
Dec '11
Paraxylene (PX) prices continued to move higher in Asian markets. In S E Asian market, PX prices spurted to US$ 1460/ton. In F E Asian and S E Asian region, PX prices were in between US$ 1455/ton to US$ 1460/ton. PX imported from Taiwanese market was quoted around US$ 1460/ton.

In Asian markets, PTA prices were range bound. In F E Asian and S E Asian region, PTA prices were in between US$ 1080/ton to US$ 1090/ton. PTA imported from Taiwanese market was quoted around US$ 1090/ton. In Chinese domestic market, PTA price remained firm between RMB 8450/ton to RMB 8550/ton.

In S E Asian market, Ethylene price turned soft in the range of US$ 1075/ton to US$ 1080/ton. In F E Asian market, price was in the range of US$ 1070/ton to US$ 1080/ton. In European domestic market, price was in the range of € 880/ton to € 890/ton. In N W European market, Ethylene price was at US$ 1135/ton (on CIF base).

MEG price went up in S E Asian market and was offered in the range of US$ 1100/ton to US$ 1110/ton. In Chinese domestic market, MEG price was in the range of RMB 8500/ton to RMB 8650/ton. MEG players were optimistic of price rally in short term future.

In S E Asian region, BG PET Chips price went up in the range of US$ 1560/ton to US$ 1570/ton. In F E Asian markets, selling offers were around US$ 1560/ton for export goods. In Chinese market, BG PET Chip offered at RMB 11300/ton.

In Korean markets, FG PET Chips prices was in the range of US$ 1425/ton to US$ 1435/ton and in Indian market, FOB based price was assessed in the range of US$ 1435/ton to US$ 1440/ton. In Chinese market, FG PET Chip hovered at RMB 10400/ton to RMB 10650/ton. It is expected that PET Chip will remain firm in near term.

PSF price went up, in Asian market. PSF offers hovered in the range of US$ 1620/ton to US$ 1625/ton. In S E Asian market, PSF offers were around US$ 1625/ton. In Chinese domestic market, PSF offers increased to in the range of RMB 11250/ton to RMB 11350/ton.

Polyester POY prices in Chinese domestic market continued to move up slowly. POY price went up to RMB 11900/ton. FDY and DTY selling offers were at to RMB 12600/ton RMB 13300/ton, respectively. In export market, offers for POY, FDY and DTY were at US$ 1615/ton, US$ 1705/ton and US$ 1800/ton, respectively.

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

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Veronique Lee

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Bani Batra

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Igor Chapurin

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

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