Home / Knowledge / News / Textiles / PX, PTA & MEG reverse trends
PX, PTA & MEG reverse trends
16
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 Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Johan Berlin
InvestKonsult Sweden AB

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

Kevin Nelson
TissueGen

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

Giorgio Mantovani
Corman S.p.A

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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:
June 2017

June 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