Home / Knowledge / News / Textiles / Ethylene, PTA & MEG prices climb in Asian markets
Ethylene, PTA & MEG prices climb in Asian markets
27
Aug '12
Paraxylene (PX) prices declined in Asian markets. In S E Asian region, PX prices went down in the range of US$ 1445/ton to US$ 1450/ton. In F E Asian market, PX prices were offered at US$ 1445/ton. Prices of PX imported from Taiwanese market surged and were offered in the range of US$ 1465/ton to US$ 1470/ton.
 
PTA prices went up in the Asian region. In S E Asian market, PTA prices surged in the range of US$ 1035/ton to US$ 1040/ton. In F E Asian market, PTA prices were offered at US$ 1030/ton. Prices of PTA imported from Taiwanese market increased in the range of US$ 1020/ton to US$ 1025/ton. In the Chinese domestic market, PTA prices inched up in the range of RMB 8100/ton to RMB 8150/ton.
 
Ethylene prices increased in the Asian region. In S E Asian market, Ethylene prices surged in the range of US$ 1205/ton to US$ 1210/ton. In F E Asian region, Ethylene prices were offered at US$ 1220/ton. In the US market, Ethylene prices kept stable in the range of 57.00 cents/pound to 57.50 cents/pound. Ethylene prices were steady in European international and domestic markets at US$ 1295/ton and € 1135/ton, respectively.
 
MEG prices surged in Asian markets. In S E Asian region, MEG prices inched up and were assessed at US$ 1035/ton. In China market, MEG prices surged in the range of US$ 1025/ton to US$ 1030/ton. In the Chinese domestic market, MEG prices increased and hovered in the range of RMB 8175/ton to RMB 8225/ton. 
 
In S E Asian region, BG PET Chips prices continued to be 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 stable at RMB 10150/ton.
 
In Korean market, FG PET Chips prices remained steady 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 the Chinese market, FG PET Chips prices went up and were offered in the range of RMB 10000/ton to RMB 10050/ton.
 
PSF prices remained unchanged in Asian markets. In F E Asian market, PSF prices were quoted at US$ 1520/ton. In S E Asian market, PSF selling offers were assessed at US$ 1420/ton. In the Chinese domestic market, PSF prices surged in the range of RMB 10700/ton to RMB 10750/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices went up and were offered at RMB 11250/ton, RMB 12650/ton and RMB 11150/ton, respectively. In export market, offers for POY, DTY and FDY increased and were offered at US$ 1520/ton, US$ 1700/ton and US$ 1490/ton, respectively.
 
Click here to view and compare 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

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Sandip Bhojani, Manthan Patel

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

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

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