Home / Knowledge / News / Textiles / Ethylene, MEG & PSF prices surge in Asian markets
Ethylene, MEG & PSF prices surge in Asian markets
03
Sep '12
Paraxylene (PX) prices declined in the Asian region. In S E Asian region, PX prices went down in the range of US$ 1450/ton to US$ 1455/ton. In F E Asian market, PX prices were offered at US$ 1450/ton. Prices of PX imported from Taiwanese market went up and were quoted in the range of US$ 1480/ton to US$ 1485/ton.
 
PTA prices stayed stable in Asian markets. In S E Asian market, PTA prices remained unchanged in the range of US$ 1055/ton to US$ 1060/ton. In F E Asian market, PTA prices were assessed at US$ 1050/ton. Prices of PTA imported from Taiwanese market increased in the range of US$ 1045/ton to US$ 1050/ton. In the Chinese domestic market, PTA prices increased in the range of RMB 8200/ton to RMB 8250/ton.
 
Ethylene prices surged in the Asian region. In S E Asian market, Ethylene prices increased in the range of US$ 1325/ton to US$ 1330/ton. In F E Asian region, Ethylene prices were assessed at US$ 1315/ton. In the US market, Ethylene prices stayed stable in the range of 61.00 cents/pound to 61.50 cents/pound. Ethylene prices went up in European international and domestic markets to US$ 1340/ton and € 1195/ton, respectively.
 
MEG prices increased in Asian markets. In S E Asian region, MEG prices surged and were offered at US$ 1075/ton. In China market, MEG prices went up in the range of US$ 1065/ton to US$ 1070/ton. In the Chinese domestic market, MEG prices remained steady in the range of RMB 8150/ton to RMB 8200/ton.
 
In S E Asian region, BG PET Chips prices continued to be steady 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 continued to be stable 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 were steady in the range of RMB 10050/ton to RMB 10100/ton.
 
PSF prices went up in Asian markets. In F E Asian market, PSF prices were assessed at US$ 1530/ton. In S E Asian market, PSF selling offers were offered at US$ 1430/ton. In the Chinese domestic market, PSF prices went down in the range of RMB 10725/ton to RMB 10775/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices went down and were offered at RMB 11150/ton, RMB 12600/ton and RMB 11050/ton, respectively. In export market, offers for POY, DTY and FDY declined and were quoted at US$ 1505/ton, US$ 1695/ton and US$ 1475/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Courtesy: Bombay Dyeing

Textiles | On 3rd Dec 2016

Bombay Dyeing to focus on retail; stops textile production

Bombay Dyeing, a Wadia group company, has decided to shift its focus...

Apparel/Garments | On 3rd Dec 2016

Q3FY17 net earnings slip 26.8% at denim retailer Guess

In the three months ended October 29, 2016, net earnings at denim...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kerem Durdag
Biovation II LLC

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

Steve Cole
Xerium Technologies

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Robert Brunner
Devereux

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

Ritu Kumar
Label Ritu Kumar

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

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
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search