Home / Knowledge / News / Textiles / PX, PTA and MEG prices ascend, PSF descends
PX, PTA and MEG prices ascend, PSF descends
15
Dec '11
Paraxylene (PX) prices slowly increased in Asian markets. In S E Asian market, PX prices were at US$ 1480/ton. In F E Asian and S E Asian region, PX prices were in between US$ 1475/ton to US$ 1485/ton. PX imported from Taiwanese market was quoted around US$ 1480/ton.

In Asian markets, PTA prices went up. In F E Asian and S E Asian region, PTA prices were in between US$ 1085/ton to US$ 1095/ton. PTA imported from Taiwanese market was quoted around US$ 1095/ton. In Chinese domestic market, PTA price turned softer and it was around RMB 8400/ton to RMB 8500/ton.

In S E Asian market, Ethylene price remained firm in the range of 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 N W European market, Ethylene price was at US$ 1180/ton (on CIF base). In U.S.A market Ethylene price was in the range of 52.00 cents/pound to 52.55 cents/pound.

MEG price inclined slowly, in S E Asian markets and was offered in the range of US$ 1085/ton to US$ 1090/ton. In Chinese domestic market, MEG price was in the range of RMB 8175/ton to RMB 8250/ton. In U.S.A, MEG prices were in the range of 42.50 cents/gallon to 43.25 cents/gallon.

In S E Asian region, BG PET Chips 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. It is expected that, 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$ 1610/ton to US$ 1620/ton. In S E Asian market, PSF offers were around US$ 1615/ton. In Chinese domestic market, PSF offers increased, in the range of RMB 11200/ton to RMB 11300/ton.

Polyester POY prices in Chinese domestic market remained unchanged. POY price went up to RMB 11900/ton. FDY and DTY selling offers were at to RMB 12550/ton RMB 13300/ton, respectively. In export market, offers for POY, FDY and DTY were at US$ 1615/ton, US$ 1700/ton and US$ 1800/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 23rd May 2017

Grasim’s VSF business net revenue up 12% in Q4 FY17

The viscose staple fibre (VSF) business of Grasim Industries has...

Apparel/Garments | On 23rd May 2017

Apparel, footwear use may rise by 63% in 2030: Report

The apparel and footwear consumption is projected to rise by 63 per...

Textiles | On 22nd May 2017

Maintaining NAFTA benefits is crucial: Cotton council

The US must remain a participant in a vibrant North American Free...

Interviews View All

Veronique Lee
Modavanti

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

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Suresh Patel
Sidwin Fabric

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

Silke Brand-Kirsch
Schlegel und Partner

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Wendell Rodricks
Wendell Rodricks

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

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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