Home / Knowledge / News / Textiles / PX & MEG prices stable, mixed reactions in ethylene
PX & MEG prices stable, mixed reactions in ethylene
23
Apr '12
Paraxylene (PX) prices remained stable in Asia. In S E Asian countries, PX prices were unchanged and were assessed in the range of US$ 1560/ton to US$ 1565/ton. In F E Asian market, PX prices were quoted in between US$ 1535/ton to US$ 1540/ton. PX imported from Taiwanese market also was steady and hovered in the range of US$ 1560/ton to US$ 1565/ton.

PTA prices went up in Asian region. In F E Asian and S E Asian countries, PTA prices were witnessed in the range of US$ 1170/ton to US$ 1175/ton. PTA imported from Taiwanese market surged up to US$ 1175/ton. In Chinese domestic market, PTA prices went down slightly and were marked at RMB 8675/ton to RMB 8725/ton.

Ethylene prices had mixed reactions in different markets. In S E Asian countries, Ethylene prices were inert in the range of US$ 1410/ton and US$ 1415/ton. In F E Asian region, Ethylene price slipped down and hovered at US$ 1385/ton. In U.S.A market, Ethylene price went up in the range of 66.50 cents/pound to 67.50 cents/pound. Ethylene prices plunged down in European domestic and international market, and were assessed at € 1200/ton and US$ 1505/ton, respectively.

MEG prices stayed stable. In S E Asian markets, MEG prices hovered in the range of US$ 980/ton to US$ 985/ton. In China market, MEG prices were assessed in the range of US$ 980/ton to US$ 985/ton. In Chinese domestic market, MEG prices remained stable and were offered in between RMB 7425/ton to RMB 7475/ton.

In S E Asian countries, BG PET Chips price was quoted 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 prices at RMB 11000/ton.

In Korean markets, FG PET Chips prices were in the range of US$ 1440/ton to US$ 1460/ton. 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 prices remained stable and were assessed in the range of RMB 10375/ton to RMB 10425/ton.

PSF prices went down slightly in Asian market. In F E Asian market, PSF prices hovered in the range of US$ 1590/ton to US$ 1595/ton. In S E Asian market, PSF selling offers were in the range of US$ 1490/ton to US$ 1495/ton. In Chinese domestic market, PSF prices dropped down and were offered in the range of RMB 11075/ton to RMB 11125/ton.

In Chinese domestic market, Polyester POY, DTY and FDY prices remained 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 unchanged at US$ 1520/ton, US$ 1705/ton and US$ 1520/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Fashion Revolution/Fashion Transparency Index

Fashion | On 23rd Apr 2018

Top global fashion brands now more transparent

Fashion Revolution’s Fashion Transparency Index 2018 reveals Adidas...

Japan’s clothing imports up 4% in fiscal 2017

Apparel/Garments | On 23rd Apr 2018

Japan’s clothing imports up 4% in fiscal 2017

Japan’s imports of clothing and accessories increased by 4 per cent...

PVH, WWF tie up to protect water bodies in Ethiopia, India

Apparel/Garments | On 23rd Apr 2018

PVH, WWF tie up to protect water bodies in Ethiopia, India

PVH Corp , parent company of brands like Tommy Hilfiger, Calvin...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

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

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Kerem Durdag
Biovation II LLC

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

Suresh Patel
Sidwin Fabric

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

Johan Berlin
InvestKonsult Sweden AB

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

Judy Frater
Somaiya Kala Vidya

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts 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


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search