Home / Knowledge / News / Textiles / Asian MEG & PSF trends tumble, ethylene steady
Asian MEG & PSF trends tumble, ethylene steady
08
Jun '12
Paraxylene (PX) prices stayed stable in the Asian market. In S E Asian region, PX price remained steady and were quoted in the range of US$ 1235/ton to US$ 1240/ton. In F E Asian region, PX prices were offered at US$ 1215/ton. PX imported from Taiwanese market went up and were quoted in the range of US$ 1235/ton to US$ 1240/ton.

PTA prices remained stable in the Asian region. In S E Asian market, PTA prices stayed steady and were offered in the range of US$ 935 to US$ 940/ton. In F E Asian market, PTA was assessed at US$ 935/ton.

PTA imported from Taiwanese market remained unchanged and was quoted in the range of US$ 930/ton to US$ 935/ton. In Chinese domestic market, PTA prices remained steady and were offered in the range RMB 7325/ton to RMB 7375/ton.

Ethylene prices stayed steady in the Asian country. In S E Asian market, Ethylene prices remained unchanged and were quoted in the range of US$ 945/ton to US$ 950/ton. In F E Asian region, Ethylene prices were assessed at US$ 990/ton.

In U.S.A market, Ethylene prices stayed stable and were quoted in the range of 40.50 cents/pound to 41.00 cents/pound. In European international market and domestic market, Ethylene prices remained unchanged and were offered at US$ 1105/ton and € 860/ton, respectively.

MEG prices went down in Asia. In S E Asian region, MEG prices plunged down and were offered at US$ 870/ton. In China market, MEG prices stayed steady in the range of US$ 870/ton to US$ 875/ton. In Chinese domestic market, MEG prices were quoted in the range RMB 6725/ton to RMB 6775/ton.

In S E Asian region, BG PET Chips prices remained stable in the range of US$ 1390/ton to US$ 1410/ton. In F E Asian market, selling offers were around US$ 1390/ton for export goods. In Chinese market, BG PET Chip prices remained stable and were offered at RMB 9600/ton.

In Korean market, FG PET Chips prices remained steady and were assessed in the range of US$ 1270/ton to US$ 1290/ton. In Indian market, FOB based price were quoted in the range of US$ 1320/ton to US$ 1330/ton. In Chinese market, FG PET Chip prices remained steady and were offered in the range of RMB 9375/ton to RMB 9425/ton.

PSF prices declined in the Asian market. In F E Asian region, PSF prices declined to US$ 1460/ton. In S E Asian market, PSF selling offers were at US$ 1360/ton. In Chinese domestic market, PSF prices dropped down and were offered in the range of RMB 10225/ton to RMB 10275/ton.

In Chinese domestic market, Polyester POY and FDY prices stayed steady and were marked at RMB 10100/ton and RMB 9900/ton, respectively while DTY prices declined to RMB 11300/ton. In export market, offers for POY and FDY stayed stable and were offered at US$ 1355/ton and US$ 1310/ton, respectively while DTY price went down to US$ 1505/ton.

Click here to view andcompare daily price trends.

Fibre2fashion News Desk - India


Must ReadView All

Union Minister for finance Arun Jaitley chairing the 25th GST Council meeting, flanked by minister of state for finance Shiv Pratap Shukla (right) and finance secretary Dr Hasmukh Adhia. Courtesy: PIB

Textiles | On 20th Jan 2018

GST rate on velvet fabric reduced to 5%

The 25th Goods and Services Tax (GST) Council meeting, held under the ...

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

Textiles | On 20th Jan 2018

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

The revenue from the petrochemicals segment at Reliance Industries...

Courtesy: Cotton USA

Textiles | On 20th Jan 2018

US cotton bodies pledge to support CCI activities

Ten US cotton organisations have pledged industry contributions in...

Interviews View All

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

C Dhandayuthapani

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

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mohammad Hassan
Biax Fiberfilm

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

Steve Cole
Xerium Technologies

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

Judy Frater
Somaiya Kala Vidya

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

Ritu Kumar
Label Ritu Kumar

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

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

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 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
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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
8.2%
Skip
9.3%

Total Votes: 97


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