Home / Knowledge / News / Textiles / PX, PTA & MEG prices rise in Asian market
PX, PTA & MEG prices rise in Asian market
13
Jul '12
Paraxylene (PX) prices went up in the Asian market. In S E Asian region, PX prices surged and were quoted in the range of US$ 1365/ton to US$ 1370/ton. In F E Asian market, PX prices were assessed at US$ 1350/ton. Prices of PX imported from Taiwanese market increased and were offered in the range of US$ 1350/ton to US$ 1355/ton.
 
PTA prices went up in the Asian region. In S E Asian market, PTA prices surged and were assessed in the range of US$ 1000/ton to US$ 1005/ton. In F E Asian market, PTA prices were quoted at US$ 995/ton. PTA imported from Taiwanese market declined and were quoted in the range of US$ 880/ton to US$ 885/ton. In the Chinese domestic market, PTA prices surged up and were offered in the range of RMB 7400/ton to RMB 7450/ton.
 
Ethylene prices showed mix trend in Asia. In S E Asian region, Ethylene prices increased and were quoted in the range of US$ 1045/ton to US$ 1050/ton. In F E Asian region, Ethylene prices were assessed at US$ 980/ton.
 
In the US market, Ethylene prices went up and were quoted in the range of 44.00 cents/pound to 44.50 cents/pound. Ethylene prices remained stable in European international and in domestic markets, and were quoted at US$ 1025/ton and € 880/ton, respectively.
 
MEG prices surged in Asia. In S E Asian region, MEG prices went up and were offered at US$ 895/ton. In China market, MEG prices stayed stable in the range of US$ 880/ton to US$ 885/ton. In the Chinese domestic market, MEG prices stayed steady and were assessed in the range of RMB 6725/ton to RMB 6775/ton.
 
In S E Asian region, BG PET Chips prices remained unchanged in the range of US$ 1320/ton to US$ 1350/ton. In F E Asian market, selling offers were around US$ 1300/ton for export goods. In the Chinese market, BG PET Chip prices remained stable and were quoted at RMB 9400/ton.
 
In Korean market, FG PET Chips prices remained stable and were assessed in the range of US$ 1190/ton to US$ 1230/ton. In Indian market, FOB based price were quoted in the range of US$ 1230/ton to US$ 1270/ton. In the Chinese market, FG PET Chip prices plunged down and were offered in the range of RMB 9025/ton to RMB 9075/ton.
 
PSF prices stayed stable in the Asian region. In F E Asian market, PSF prices were assessed at US$ 1395/ton. In S E Asian market, PSF selling offers were assessed at US$ 1295/ton. In the Chinese domestic market, PSF prices were steady and were quoted in the range of RMB 9800/ton to RMB 9850/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY stayed steady and were assessed at RMB 10100/ton, RMB 11450/ton and RMB 10000/ton respectively. In the export market, offers for POY, DTY and FDY stayed unchanged and were offered at US$ 1350/ton, US$ 1530/ton, and US$ 1320/ton respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 28th Apr 2017

Continue existing Duty Drawback, ROSL scheme post GST: TEA

Tiruppur Exporters' Association (TEA) has made requisitions to...

Apparel/Garments | On 28th Apr 2017

Deckers Brands starts review of strategic alternatives

Deckers Brands, a global leader in designing, marketing and...

Courtesy: Adidas

Apparel/Garments | On 28th Apr 2017

Adidas, Siemens initiate joint research programme

Adidas and Siemens are initiating a joint research programme for...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Kai Poehler
Voith Paper GmbH & Co. KG

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

Mohammad Hassan
Biax Fiberfilm

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

Johan Berlin
InvestKonsult Sweden AB

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Robert Brunner
Devereux

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

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:
April 2017

April 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



X