Home / Knowledge / News / Textiles / PX & MEG prices surge in Asian markets
PX & MEG prices surge in Asian markets
05
Sep '12
Paraxylene (PX) prices went up in the Asian region. In S E Asian region, PX prices increased in the range of US$ 1470/ton to US$ 1475/ton. In F E Asian market, PX prices were quoted at US$ 1465/ton. Prices of PX imported from Taiwanese market surged and were offered in the range of US$ 1480/ton to US$ 1485/ton.  
 
PTA prices surged in Asian markets. In S E Asian market, PTA prices went up in the range of US$ 1070/ton to US$ 1075/ton. In F E Asian market, PTA prices were quoted at US$ 1060/ton. Prices of PTA imported from Taiwanese market increased in the range of US$ 1050/ton to US$ 1055/ton. In the Chinese domestic market, PTA prices went down in the range of RMB 8175/ton to RMB 8225/ton.
 
Ethylene prices showed mixed trend in Asian markets. In S E Asian market, Ethylene prices went up in the range of US$ 1330/ton to US$ 1335/ton. In F E Asian region, Ethylene prices were assessed at US$ 1315/ton. In the US market, Ethylene prices went down in the range of 60.50 cents/pound to 61.00 cents/pound. Ethylene prices kept stable in European international and domestic markets at US$ 1340/ton and € 1195/ton, respectively.
 
MEG prices went up in the Asian region. In S E Asian region, MEG prices surged and were offered at US$ 1070/ton. In China market, MEG prices went up in the range of US$ 1060/ton to US$ 1065/ton. In the Chinese domestic market, MEG prices continued to be steady 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 surged to RMB 10250/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 10100/ton to RMB 10150/ton.
 
PSF prices were steady in Asian markets. In F E Asian market, PSF prices were offered at US$ 1530/ton. In S E Asian market, PSF selling offers were assessed at US$ 1430/ton. In the Chinese domestic market, PSF prices kept unchanged in the range of RMB 10725/ton to RMB 10775/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices remained unchanged at RMB 11150/ton, RMB 12600/ton and RMB 11100/ton, respectively. In export market, offers for POY and DTY declined and were offered at US$ 1500/ton and US$ 1690/ton, respectively, while FDY prices were steady at US$ 1480/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

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 ...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Ritu Kumar
Label Ritu Kumar

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Prathyusha Garimella
Prathyusha Garimella

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

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