Home / Knowledge / News / Textiles / PX prices slide, PTA, ethylene & MEG climb
PX prices slide, PTA, ethylene & MEG climb
16
Apr '12
Paraxylene (PX) prices turned down in all Asian markets. In S E Asia, PX prices declined and hovered in the range of US$ 1550/ton to US$ 1555/ton. In F E Asian countries, PX prices were offered in between US$ 1530/ton to US$ 1535/ton. PX imported from Taiwanese market slid down and was quoted in the range of US$ 1550/ton to US$ 1555/ton.

PTA prices surged up. In F E Asia and S E Asia, PTA prices went up in the range of US$ 1165/ton to US$ 1175/ton. PTA imported from Taiwanese market was assessed at US$ 1165/ton. In Chinese domestic market, PTA price was offered at RMB 8650/ton to RMB 8700/ton.

In S E Asian countries, Ethylene price marched up and was marked at US$ 1425/ton. In F E Asian region, Ethylene price hovered at US$ 1415/ton. In U.S.A market, Ethylene price slipped down marginally and was quoted in the range of 67.50 cents/pound to 68.00 cents/pound. In European domestic market, Ethylene price was stable at € 1230/ton. In European market, Ethylene price was in the range of US$ 1545/ton to US$ 1555/ton.

MEG prices went up significantly following hike in upstream prices. In S E Asian markets, MEG prices were assessed in the range of US$ 960/ton to US$ 965/ton. In China market, MEG price was in the range of US$ 960/ton to US$ 965/ton. In Chinese domestic market, MEG was offered in between RMB 7325/ton to RMB 7375/ton.

In S E Asian region, BG PET Chips price was stable in the range of US$ 1565/ton to US$ 1575/ton. In F E Asian markets, counter offers were around US$ 1550/ton for export goods. In Chinese market, BG PET Chip was offered at RMB 10900/ton.

In Korean markets, FG PET Chips price was steady in the range of US$ 1440/ton to US$ 1460/ton and in Indian market, FOB based price was assessed in the range of US$ 1465/ton to US$ 1475/ton. In Chinese market, FG PET Chip hovered at RMB 10200/ton to RMB 10250/ton.

PSF prices remained unchanged in all the Asian markets. In F E Asian countries, PSF price quoted stable in the range of US$ 1575/ton to US$ 1580/ton. In S E Asian market, PSF selling offers were in the range of US$ 1475/ton to US$ 1480/ton. In Chinese domestic market, PSF prices stayed steady in the range of RMB 9900/ton to RMB 11000/ton.

In Chinese domestic market, Polyester POY, DTY and FDY prices stayed stable and were marked at RMB 11200/ton, RMB 12600/ton and RMB 11300/ton, respectively. In export market, offers for POY, DTY and FDY were at US$ 1525/ton, US$ 1710/ton and US$ 1525/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

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

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

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

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...

Johan Berlin
InvestKonsult Sweden AB

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

Yash P. Kotak
Bombay Hemp Company

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Igor Chapurin
Chapurin

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

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