Home / Knowledge / News / Textiles / Asian PX trends dip, PTA & MEG surge
Asian PX trends dip, PTA & MEG surge
02
Nov '12
Paraxylene (PX) prices went down in Asian market. In S E Asian region, PX prices declined in the range of US$ 1545/ton to US$ 1550/ton. In F E Asian market, PX prices were assessed at US$ 1540/ton. PX imported from Taiwanese market stable was offered in the range of US$ 1565/ton to US$ 1570/ton.     

PTA prices surged in the Asian region. In S E Asian market, PTA prices increased in the range of US$ 1090/ton to US$ 1095/ton. In F E Asian market, PTA prices were offered at US$ 1090/ton. PTA imported from Taiwanese market went up in the range of US$ 1095/ton to US$ 1100/ton. In the Chinese domestic market, PTA prices were steady in the range of RMB 8100/ton to RMB 8150/ton.

Ethylene prices stayed steady in Asian market. In S E Asian market, Ethylene prices stayed stable in the range of US$ 1285/ton to US$ 1290/ton. In F E Asian region, Ethylene prices were unchanged at US$ 1280/ton. In the U.S market, Ethylene prices declined in the range of 54.00 cents/pound to 54.50 cents/pound. Ethylene prices kept stable in European international market and in the domestic market and were offered at US$ 1350/ton and € 1180/ton, respectively.    

MEG prices increased in Asian market. In S E Asian region, MEG prices surged and were offered at US$ 1080/ton. In China market, MEG prices surged in the range of US$ 1065/ton to US$ 1070/ton. In the Chinese domestic market, MEG prices went up in the range of RMB 8000/ton to RMB 8050/ton.   

In S E Asian region, BG PET Chips maintained stable in the range of US$ 1420/ton to US$ 1450/ton. Some deals were talked in between US$ 1410/ton to US$ 1430/ton. In F E Asian market, selling offers were assessed in the range US$ 1380/ton to US$ 1420/ton. In Chinese market, BG PET Chips prices were steady at RMB 10300/ton.    

In Korean market, FG PET Chips prices were 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 were stable and were assessed in the range of RMB 10000/ton to RMB 10050/ton.

PSF prices stood stable in the Asian region. In F E Asian market, PSF was offered at US$ 1520/ton. In S E Asian market, PSF selling offers were quoted at US$ 1420/ton. In the Chinese domestic market, PSF prices declined and were offered in the range of RMB 10600/ton to RMB 10650/ton. 

In Chinese domestic market, Polyester POY, DTY and FDY prices were steady and were assessed at RMB 11100/ton, RMB 12500/ton and RMB 11050/ton, respectively. In export market, offers for POY, DTY and FDY were unchanged and were quoted at US$ 1505/ton, US$ 1690/ton and US$ 1485/ton, respectively.   

Click here to view and compare daily price trends. 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Ministry of Trade and Industry, Singapore

Textiles | On 22nd Feb 2018

Final version of CPTPP pact released; to be signed in March

The final version of the Comprehensive and Progressive Agreement for...

Amazon India crosses 3 lakh seller base in less than 5 yrs

Apparel/Garments | On 22nd Feb 2018

Amazon India crosses 3 lakh seller base in less than 5 yrs

Amazon recently claimed to have crossed the three-lakh seller base in ...

Gujarat finance minister Nitin Patel. Courtesy: Global Gujarat News

Textiles | On 22nd Feb 2018

Rs843 cr for MSMEs, Rs35 cr for khadi in Gujarat budget

The Gujarat government has made a provision of Rs 843 crore in the...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

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...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Larry L Kinn
Suominen Corporation

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

Robert Brunner
Devereux

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> 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

February 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
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

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
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

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
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

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
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search