Home / Knowledge / News / Textiles / Ethylene, MEG & PSF trends up, polyester POY down
Ethylene, MEG & PSF trends up, polyester POY down
28
Feb '12
Paraxylene (PX) price increased sharply in Asian markets. In S E Asian market, PX prices were in the range of US$ 1675/ton to US$ 1680/ton. In F E Asian region, PX prices were in between US$ 1670/ton to US$ 1680/ton. PX imported from Taiwanese market was quoted at US$ 1675/ton.

In Asian markets, PTA price was stable. In F E Asian and S E Asian region, PTA prices were in between US$ 1185/ton to US$ 1195/ton. PTA imported from Taiwanese market was quoted around US$ 1185/ton. In Chinese domestic market, PTA price was around RMB 8950/ton to RMB 9050/ton.

In S E Asian market, Ethylene price went up slowly to US$ 1380/ton. In F E Asian market, price was in the range of US$ 1380/ton to US$ 1385/ton. In U.S.A market, ethylene price was in the range of 64.75 cents/pound to 65.25 cents/pound. In European market, Ethylene offers were in the range of US$ 1525/ton to US$ 1530/ton.

MEG price inclined up in S E Asian markets and was offered in the range of US$ 1080/ton to US$ 1085/ton. In Chinese domestic market, MEG price inclined up in the range of RMB 8250/ton to RMB 8350/ton and in Chinese MEG import market, offers prevailed around US$ 1085/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 was 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 market inclined, in N Asian region and was in the range of US$ 1680/ton to US$ 1685/ton. In S E Asian market, PSF offers were in the range of US$ 1595/ton to US$ 1605/ton. In Chinese domestic market, PSF offers were in the range of RMB 11650/ton to RMB 11750/ton.

Price of Polyester POY declined in Chinese domestic market. POY price was around RMB 11900/ton. FDY and DTY selling offers were at RMB 12400/ton to RMB 13350/ton, respectively. In export market, offers for POY, FDY and DTY were at US$ 1625/ton, US$ 1685/ton and US$ 1820/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 18th Jan 2017

Government considering 100% FDI in single brand retail

The Government of India is looking at allowing 100 per cent foreign...

Courtesy: Walmart

Apparel/Garments | On 18th Jan 2017

Walmart to create 34,000 new jobs in the US

The world’s biggest retailer and also the biggest US private sector...

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Nuno Venda
ROQ

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

Steve Cole
Xerium Technologies

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

Giorgio Mantovani
Corman S.p.A

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

Larry L Kinn
Suominen Corporation

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

Igor Chapurin
Chapurin

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

Judy Frater
Somaiya Kala Vidya

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

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