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

'Requirement of polyester filament yarn is increasing'

Textiles | On 19th Jun 2018

'Requirement of polyester filament yarn is increasing'

The requirement of polyester filament yarn (PFY) is increasing as it...

Courtesy: SAC

Textiles | On 19th Jun 2018

SAC to release pilot of Higg Facility Social Labour Module

The Sustainable Apparel Coalition (SAC) will release this year a...

Courtesy: Tim Savage from Pexels

Textiles | On 19th Jun 2018

Da Lat begins construction of $50mn wool yarn factory

Da Lat Worsted Spinning Limited Company has begun construction of a...

Interviews View All

Top executives
Indian retail players

Walmart's acquisition of Flipkart endorses the humongous opportunities in...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kerem Durdag
Biovation II LLC

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search