Home / Knowledge / News / Textiles / Asian MEG prices surge, PSF declines
Asian MEG prices surge, PSF declines
29
Jun '12
Paraxylene (PX) prices increased in the Asian market. In S E Asian region, PX prices were offered in the range of US$ 1255/ton to US$ 1260/ton. In F E Asian region, PX prices were offered at US$ 1240/ton. PX imported from Taiwanese market moved up and were quoted in the range of US$ 1250/ton to US$ 1255/ton.

PTA prices surged up in the Asian region. In S E Asian market, PTA prices increased and were offered in the range of US$ 950/ton to US$ 955/ton. In F E Asian market, PTA prices were quoted at US$ 945/ton. PTA imported from Taiwanese market inched up and were assessed in the range of US$ 925/ton to US$ 930/ton. In Chinese domestic market, PTA prices moved up and were offered in the range RMB 7150/ton to RMB 7200/ton.

Ethylene prices remained stable in the Asian market. In S E Asian region, Ethylene prices were offered in the range of US$ 930/ton to US$ 935/ton. In F E Asian region, Ethylene prices were offered at US$ 855/ton.

In U.S.A market, Ethylene prices went down and were quoted in the range of 43.00 cents/pound to 43.50 cents/pound. Ethylene prices declined in European international market and were assessed at US$ 1045/ton, while prices stayed stable in European domestic market and were witnessed at € 835/ton.

MEG prices followed an upward trend in Asia. In S E Asian region, MEG prices surged up and were assessed at US$ 850/ton. In China market, MEG prices went up in the range of US$ 835/ton to US$ 840/ton. In Chinese domestic market, MEG prices inched up and were quoted in the range RMB 6425/ton to RMB 6475/ton.

In S E Asian region, BG PET Chips prices remained stable in the range of US$ 1290/ton to US$ 1310/ton. In F E Asian market, selling offers were around US$ 1300/ton for export goods. In Chinese market, BG PET Chip prices declined and were offered at RMB 8950/ton.

In Korean market, FG PET Chips prices remained steady and were offered in the range of US$ 1180/ton to US$ 1220/ton. In Indian market, FOB based price were quoted in the range of US$ 1220/ton to US$ 1260/ton. In Chinese market, FG PET Chip prices declined and were quoted in the range of RMB 8525/ton to RMB 8575/ton.

PSF prices declined in the Asian region. In F E Asian market, PSF prices moved down to US$ 1340/ton. In S E Asian market, PSF selling offers were at US$ 1240/ton. In Chinese domestic market, PSF prices plunged down and were quoted in the range of RMB 9425ton to RMB 9475/ton.

In Chinese domestic market, prices of Polyester POY, DTY and FDY remained steady and were offered at RMB 9600/ton, RMB 11000/ton and RMB 9400/ton respectively. In export market, offers for POY DTY and FDY remained stable and were witnessed at US$ 1280/ton, US$ 1460/ton, and US$ 1235/ton respectively.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 26th Sep 2017

US raises annual AGOA quota for textiles

The US Committee for the Implementation of Textile Agreements has...

Textiles | On 26th Sep 2017

Thrace-LINQ expanding Dorchester County operations

Thrace-LINQ, a global supplier of fabrics for the textile industry,...

Courtesy: Levis

Fashion | On 26th Sep 2017

Google unveils smart denim jacket with Levi Strauss

Ending the months-long wait, Google has unveiled its smart denim...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Paolo Ocleppo
Sandvik Hyperion

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

Steve Cole
Xerium Technologies

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Yash P. Kotak
Bombay Hemp Company

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

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

September 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
75.5%
No
12.2%
Skip
12.2%

Total Votes: 49

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
63.3%
No
24.5%
Skip
12.2%

Total Votes: 49

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
87.8%
No
6.1%
Skip
6.1%

Total Votes: 49

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
71.4%
No
10.2%
Skip
18.4%

Total Votes: 49


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