Home / Knowledge / News / Textiles / PTA continues decline, ethylene still going strong
PTA continues decline, ethylene still going strong
20
Feb '12
Paraxylene (PX) price was stable in Asian markets at around US$ 1630/ton. In S E Asian market, PX prices were around US$ 1625/ton. In F E Asian region, PX prices were in between US$ 1625/ton to US$ 1630/ton. PX imported from Taiwanese market was at S$ 1630/ton.

In Asian markets, PTA price continued to decline. In F E Asian and S E Asian region, PTA prices were in between US$ 1175/ton to US$ 1185/ton. PTA imported from Taiwanese market was quoted around US$ 1180/ton. In Chinese domestic market, PTA price stood around RMB 8950/ton to RMB 9050/ton.

In S E Asian market, Ethylene price shot up in the range of US$ 1300/ton to US$ 1305/ton. In F E Asian market, price was in the range of US$ 1290/ton to US$ 1300/ton. In U.S.A market, ethylene price was in the range of 65.75 cents/pound to 66.25 cents/pound. In European market, Ethylene offers were around US$ 1525/ton to US$ 1530/ton.

Overall in MEG market there were mixed reactions. MEG price declined in S E Asian markets and was offered in the range of US$ 1065/ton to US$ 1070/ton. In Chinese domestic market, MEG price inclined in the range of RMB 8100/ton to RMB 8250/ton and counter offers prevailed around US$ 1075/ton.

In S E Asian region, BG PET Chips price was stable in the range of US$ 1645/ton to US$ 1655/ton. In F E Asian markets, selling offers were around US$ 1655/ton for export goods. In Chinese market, BG PET Chip offered at RMB 11850/ton.

In Korean markets, FG PET Chips price was in the range of US$ 1550/ton to US$ 1560/ton and in Indian market, FOB based price was assessed in the range of US$ 1545/ton to US$ 1550/ton. In Chinese market, FG PET Chip hovered at RMB 11100/ton to RMB 11300/ton.

PSF price declined in N Asian market in the range of US$ 1735/ton to US$ 1740/ton. In S E Asian market, PSF offers were around US$ 1640/ton. In Chinese domestic market, PSF offers were around RMB 12050/ton to RMB 12200/ton.

Polyester POY price was stable in Chinese domestic market and was around RMB 12000/ton. FDY and DTY selling offers were at RMB 12700/ton to RMB 13400/ton, respectively. In export market, offers for POY, FDY and DTY were at US$ 1640/ton, US$ 1730/ton and US$ 1825/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

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

Suresh Patel
Sidwin Fabric

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search