Home / Knowledge / News / Textiles / PX, PTA & MEG prices dip; polyester POY stable
PX, PTA & MEG prices dip; polyester POY stable
15
May '12
Paraxylene (PX) prices plunged down in the Asian countries. In S E Asian region, PX prices dropped down and were in the range of US$ 1475/ton to US$ 1480/ton. In F E Asian market, PX prices were quoted at US$ 1460/ton. PX imported from Taiwanese market declined sharply and were quoted in the range of US$ 1490/ton to US$ 1495/ton.

In the Asian region, PTA prices inched down. In F E Asian and S E Asian countries, PTA prices plunged down to US$ 1125/ton and US$ 1130/ton, respectively. Prices of PTA imported from Taiwanese market dipped and were in the range of US$ 1140/ton to US$ 1145/ton. In Chinese domestic market, PTA prices remained unchanged and were offered in the range of RMB 8575/ton to RMB 8625/ton.

Ethylene prices showed mix reaction in the Asian market. In S E Asian countries, Ethylene prices dropped to US$ 1190/ton. In F E Asian region, Ethylene prices stayed steady at US$ 1230/ton.

In the US market, Ethylene prices decreased slightly and were in the range of 54.50 cents/pound to 55.00 cents/pound. In European international and domestic markets, Ethylene prices remained stable at US$ 1365/ton and € 1070/ton, respectively.

MEG prices dropped down in Asia. In S E Asian market, MEG offer prices were in the range of US$ 995/ton to US$ 1000/ton. In China market, MEG prices went up and were quoted in the range of US$ 1000/ton to US$ 1005/ton. In Chinese domestic market, MEG prices remained steady and hovered in the range of RMB 7550/ton to RMB 7600/ton.

In S E Asian countries, BG PET Chips prices remained stable in the range of US$ 1480/ton to US$ 1490/ton. In F E Asian market, selling offers were around US$ 1480/ton for export goods. In Chinese market, BG PET Chip prices declined and were offered at RMB 10675/ton.

In Korean markets, FG PET Chips prices stayed stable in the range of US$ 1320/ton to US$ 1330/ton. In Indian market, FOB based price was assessed in the range of US$ 1370/ton to US$ 1375/ton. In Chinese market, FG PET Chip prices plunged down and hovered in the range of RMB 10275/ton to RMB 10325/ton.

PSF prices dropped down in the Asian market. In F E Asian market, PSF prices were in the range of US$ 1575/ton US$ 1580/ton. In S E Asian market, PSF selling offers were marked at US$ 1480/ton. In Chinese domestic market, PSF prices went down and hovered in the range of RMB 11000/ton to RMB 11050/ton.

Prices of Polyester POY, DTY and FDY were steady in Chinese domestic market and were offered at RMB 11250/ton, RMB 12500/ton and RMB 11300/ton, respectively. In export market, offers for POY, DTY and FDY remained stable at US$ 1530/ton, US$ 1690/ton and US$ 1520/ton, respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

Md Siddiqur Rahman, president, BGMEA, addressing a press conference with other dignitaries. Courtesy: BGMEA

Apparel/Garments | On 29th May 2017

BGMEA asks govt for 5% incentive for 2 years in Budget

The Bangladesh Garment Manufacturers and Exporters Association...

Textiles | On 29th May 2017

Special package creates 7,50,000 jobs in garment sector

The special garment package of Rs 6,000 crore that was introduced by...

Textiles | On 29th May 2017

Tintex, Bruckner bring new effects to knitted fabric

The textile company Tintex has joined hands with the system supplier...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Jay Ramrakhiani
Occasions Elegance Wear

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

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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