Home / Knowledge / News / Textiles / PSF, MEG & PX prices fall in Asian markets
PSF, MEG & PX prices fall in Asian markets
24
Jul '12
Paraxylene (PX) prices went down in the Asian market. In S E Asian region, PX prices declined and were quoted in the range of US$ 1400/ton to US$ 1405/ton. In F E Asian market, PX prices were offered at US$ 1385/ton. Prices of PX imported from Taiwanese market moved up and were assessed in the range of US$ 1460/ton to US$ 1465/ton.
 
PTA prices declined in the Asian region. In S E Asian market, PTA prices plunged and were quoted in the range of US$ 1000/ton to US$ 1005/ton. In F E Asian market, PTA prices were assessed at US$ 995/ton. Prices of PTA imported from Taiwanese market inched up and were offered in the range of US$ 1015/ton to US$ 1020/ton. In the Chinese domestic market, PTA prices fell and were assessed in the range of RMB 7450/ton to RMB 7500/ton.
 
Ethylene prices remained stable in Asia. In S E Asian market, Ethylene prices remained steady and were offered in the range of US$ 1085/ton to US$ 1090/ton. In F E Asian region, Ethylene prices were assessed at US$ 1030/ton. 
 
In the US market, Ethylene prices increased and were quoted in the range of 48.00 cents/pound to 48.50 cents/pound. Ethylene prices continued to be stable in European international and domestic markets and were offered at US$ 1105/ton and € 1045/ton, respectively.
 
MEG prices decreased in the Asian market. In S E Asian region, MEG prices increased and were quoted at US$ 915/ton. In China market, MEG prices rose and were in the range of US$ 930/ton to US$ 935/ton. In the Chinese domestic market, MEG prices remained unchanged in the range RMB 7150/ton to RMB 7200/ton.
 
In S E Asian region, BG PET Chips prices stayed stable 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 Chips prices remained unchanged and were quoted at RMB 9550/ton.
 
In Korean market, FG PET Chips prices continued to be stable and were offered in the range of US$ 1190/ton to US$ 1230/ton. In Indian market, FOB based prices were quoted in the range of US$ 1230/ton to US$ 1270/ton. In Chinese market, FG PET Chip prices went up and were offered in the range of RMB 9550/ton to RMB 9600/ton.
 
PSF prices declined in the Asian market. In F E Asian market, PSF prices prevailed at US$ 1445/ton. In S E Asian market, PSF selling offers were quoted at US$ 1345/ton. In the Chinese domestic market, PSF prices declined and were offered in the range of RMB 10150/ton to RMB 10200/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY went up and were offered at RMB 10650/ton, RMB 12000/ton and RMB 10650/ton, respectively. In export market, offers for POY, DTY and FDY increased to US$ 1430/ton, US$ 1605/ton, and US$ 1415/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Angelina Francesca Cheang
MY ANJE

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

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Johan Berlin
InvestKonsult Sweden AB

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Paolo Ocleppo
Sandvik Hyperion

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

Robert Brunner
Devereux

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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
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