Home / Knowledge / News / Textiles / PX, Ethylene & MEG prices decline in Asia
PX, Ethylene & MEG prices decline in Asia
25
Oct '12
Paraxylene (PX) prices went down in the Asian region. In S E Asian region, PX prices declined in the range of US$ 1560/ton to US$ 1565/ton. In F E Asian market, PX prices were quoted at US$ 1535/ton. Prices of PX imported from Taiwanese market plunged down and were assessed in the range of US$ 1560/ton to US$ 1565/ton.      
 
PTA prices declined in Asian markets. In S E Asian market, PTA prices dropped in the range of US$ 1090/ton to US$ 1095/ton. In F E Asian market, PTA prices were offered at US$ 1095/ton. Prices of PTA imported from Taiwanese market remained steady in the range of US$ 1095/ton to US$ 1100/ton. In the Chinese domestic market, PTA prices plunged down in the range of RMB 8225/ton to RMB 8275/ton. 
 
Ethylene prices showed mixed sentiment in the Asian region. In S E Asian market, Ethylene prices went down in the range of US$ 1360/ton to US$ 1365/ton. In F E Asian region, Ethylene prices were offered at US$ 1300/ton. In the US market, Ethylene prices remained unchanged in the range of 53.50 cents/pound to 54.00 cents/pound. Ethylene prices remained stable in European international and domestic markets at US$ 1420/ton and € 1205/ton, respectively.     
 
MEG prices plunged down in Asian markets. In S E Asian region, MEG prices declined and were quoted at US$ 1085/ton. In China market, MEG prices dropped down in the range of US$ 1090/ton to US$ 1095/ton. In the Chinese domestic market, MEG prices went down in the range of RMB 8025/ton to RMB 8075/ton.
 
In S E Asian region, BG PET Chips prices remained stable in the range of US$ 1420/ton to US$ 1450/ton and some deals were negotiated in the range of US$ 1410/ton to US$ 1430/ton. In F E Asian market, selling offers were quoted in the range US$ 1380/ton to US$ 1420/ton. In the Chinese market, BG PET Chips prices were steady at RMB 10300/ton.
 
In Korean market, FG PET Chips prices remained unchanged in the range of US$ 1290/ton to US$ 1330/ton. In Indian market, FOB based prices were offered in the range of US$ 1320/ton to US$ 1360/ton. In the Chinese market, FG PET Chips prices went down and were offered in the range of RMB 10100/ton to RMB 10150/ton. 
 
PSF prices kept steady in the Asian region. In F E Asian market, PSF prices were assessed at US$ 1580/ton. In S E Asian market, PSF selling offers were assessed at US$ 1480/ton. In the Chinese domestic market, PSF prices plunged down and were in the range of RMB 10800/ton to RMB 10850/ton.  
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices declined and were quoted at RMB 11200/ton, RMB 12500/ton and RMB 11150/ton, respectively. In export market, offers for POY, DTY and FDY went down and were offered at US$ 1520/ton, US$ 1690/ton and US$ 1495/ton, respectively.  
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Stefano Gallucci (left), CEO, Santex Rimar Group, and Tamer Hasbay, President, Has Group; Courtesy: Santex Rimar

Textiles | On 24th Jan 2017

Santex Rimar to market all Has products globally

Italy based Santex Rimar Group has signed an agreement with Turkey...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Marcel Alberts
Eurofibers

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

Larry L Kinn
Suominen Corporation

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

Kerem Durdag
Biovation II LLC

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

Ritu Kumar
Label Ritu Kumar

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search