Home / Knowledge / News / Textiles / PX & MEG trends rebound, PTA & PSF still go downhill
PX & MEG trends rebound, PTA & PSF still go downhill
09
May '12
Paraxylene (PX) prices went up in Asian region. In S E Asian countries, PX prices surged up and were assessed in the range of US$ 1540/ton to US$ 1545/ton. In F E Asian market, PX prices were quoted in between US$ 1515/ton to US$ 1520/ton. PX imported from Taiwanese market declined and hovered in the range of US$ 1535/ton to US$ 1540/ton.

PTA prices moved down in Asia. In F E Asian and S E Asian countries, PTA prices were witnessed at US$ 1160/ton and US$ 1165/ton, respectively. PTA imported from Taiwanese market plunged down and were offered at US$ 1160/ton to US$ 1165/ton. In Chinese domestic market, PTA prices declined and were marked at RMB 8525/ton to RMB 8575/ton.

Ethylene prices stayed stable in the Asian region. In S E Asian countries, Ethylene prices were inert in the range of US$ 1225/ton and US$ 1230/ton. In F E Asian region, Ethylene price remained unchanged at US$ 1315/ton.

In U.S.A market, Ethylene prices declined and were assessed in the range of 60.50 cents/pound to 61.00 cents/pound. In European international and domestic market, Ethylene prices were steady and quoted at US$ 1425/ton and € 1100/ton, respectively.

MEG prices moved up in Asian market. In S E Asian market, MEG prices were assessed in the range of US$ 1005/ton to US$ 1010/ton. In China market, MEG prices declined and were quoted in the range of US$ 995/ton to US$ 1000/ton. In Chinese domestic market, MEG prices remained unchanged and were offered in between RMB 7525/ton to RMB 7575/ton.

In S E Asian countries, BG PET Chips prices remained stable and were quoted in the range of US$ 1490/ton to US$ 1500/ton. In F E Asian market counter offers were around US$ 1490/ton for export goods. In Chinese market, BG PET Chip prices plunged down and were marked at RMB 10850/ton.

In Korean markets, FG PET Chips prices moved down and were witnessed in the range of US$ 1330/ton to US$ 1340/ton. In Indian market, FOB based price were assessed in the range of US$ 1380/ton to US$ 1385/ton. In Chinese market, FG PET Chip prices dropped down and were assessed in the range of RMB 10350/ton to RMB 10400/ton.

PSF prices declined in the Asian region. In F E Asian market, PSF prices were assessed at US$ 1595/ton. In S E Asian market, PSF selling offers were marked at US$ 1495/ton. In Chinese domestic market, PSF prices slipped down in the range of RMB 10975/ton to RMB 11025/ton.

In Chinese domestic market, Polyester DTY prices went down were marked at RMB 12500/ton and POY, FDY prices remained steady and were quoted at RMB 11250/ton and RMB 11300/ton, respectively. In export market, offers for POY and DTY declined, which were witnessed at US$ 1530/ton, US$ 1695/ton and FDY remained stable and were assessed at US$ 1525/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


Must ReadView All

Coats acquires yarn manufacturer Patrick Yarn Mill

Textiles | On 12th Dec 2017

Coats acquires yarn manufacturer Patrick Yarn Mill

Coats, the world’s leading industrial thread manufacturer, has...

India’s garment imports from Bangladesh up 56% post-GST

Apparel/Garments | On 12th Dec 2017

India’s garment imports from Bangladesh up 56% post-GST

India has imported $87.4 million worth of readymade garments from...

Courtesy: Badger Sportswear

Apparel/Garments | On 12th Dec 2017

Badger Sportswear acquires Alleson Athletic

Badger Sportswear, a leading manufacturer of athletic apparel and...

Interviews View All

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Urmil Arya

Sushila International, a well established textile organisation established ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Marcel Alberts
Eurofibers

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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 2017

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
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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