Home / Knowledge / News / Textiles / PX & PTA prices surge, MEG & PSF turn soft
PX & PTA prices surge, MEG & PSF turn soft
13
Dec '11
Paraxylene (PX) prices bounced back, in Asian markets. In S E Asian market, PX prices surged to US$ 1475/ton. In F E Asian and S E Asian region, PX prices were in between US$ 1470/ton to US$ 1475/ton. PX imported from Taiwanese market was quoted around US$ 1475/ton.

In Asian markets, PTA prices too jumped up. In F E Asian and S E Asian region, PTA prices were in between US$ 1090/ton to US$ 1100/ton. PTA imported from Taiwanese market was quoted around US$ 1100/ton. In Chinese domestic market, PTA price remained firm between RMB 8500/ton to RMB 8550/ton.

In S E Asian market, Ethylene prices were stable around US$ 1080/ton to US$ 1085/ton. In F E Asian market, price was in the range of US$ 1080/ton to US$ 1085/ton. In European domestic market, price was in the range of € 885/ton to € 890/ton. In N W European market, Ethylene price was at US$ 1180/ton (on CIF base).

MEG price melted down, in S E Asian markets and was offered in the range of US$ 1090/ton to US$ 1095/ton. In Chinese domestic market, MEG price was in the range of RMB 8375/ton to RMB 8450/ton. In U.S.A, MEG prices were in the range of 42.05 cents/gallon to 43.00 cents/gallon.

In S E Asian region, BG PET Chip price was stable 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 was offered at RMB 11300/ton.

In Korean markets, FG PET Chips price was in the range of US$ 1415/ton to US$ 1420/ton and in Indian market, FOB based price was assessed in the range of US$ 1425/ton to US$ 1435/ton. In Chinese market, FG PET Chip hovered at RMB 10450/ton to RMB 10550/ton. PET Chip is going to remain firm in near term.

PSF price turned softer, in Asian market. PSF offers hovered in the range of US$ 1620/ton to US$ 1630/ton. In S E Asian market, PSF offers were around US$ 1625/ton. In Chinese domestic market, PSF offers increased, in the range of RMB 11250/ton to RMB 11350/ton.

Polyester POY prices in Chinese domestic market remained unchanged. POY price stood at 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

Textiles | On 19th Jan 2017

Pakistan imposes duty on Indian fine cotton yarn

A provisional countervailing duty ranging from Rs 26.89 to Rs 55.8 a...

Textiles | On 19th Jan 2017

Union Budget: Textile sector expects excise duty revisions

Excise duty on man-made fibres should be reduced to bring it on par...

Union textiles minister Smriti Irani at the inauguration of IIGF in New Delhi with textiles secretary Rashmi Verma and other dignitaries. Courtesy: PIB

Apparel/Garments | On 19th Jan 2017

Ministry to reimburse apparel exporters for state levies

The textile ministry has received a sum of Rs 500 crore from the...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Paolo Ocleppo
Sandvik Hyperion

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Igor Chapurin
Chapurin

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Bani Batra

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

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search