Home / Knowledge / News / Textiles / Asian PSF & MEG markets show uptrend
Asian PSF & MEG markets show uptrend
21
Nov '12
Paraxylene (PX) prices stayed steady in the Asian region. In S E Asian region, PX prices were unchanged in the range of US$ 1555/ton to US$ 1560/ton. In F E Asian market, PX prices were offered at US$ 1550/ton. Prices of PX imported from Taiwanese market stayed stable and were quoted in the range of US$ 1560/ton to US$ 1565/ton.  
 
PTA prices remained unchanged in Asian markets. In S E Asian market, PTA prices were stable in the range of US$ 1100/ton to US$ 1105/ton. In F E Asian market, PTA prices were offered at US$ 1105/ton. Prices of PTA imported from Taiwanese market were steady in the range of US$ 1095/ton to US$ 1100/ton. In the Chinese domestic market, PTA prices remained stable in the range of RMB 8125/ton to RMB 8175/ton.
 
Ethylene prices showed mixed trend in Asian markets. In S E Asian market, Ethylene prices declined in the range of US$ 1170/ton to US$ 1175/ton. In F E Asian region, Ethylene prices were assessed at US$ 1210/ton. In the US market, Ethylene prices remained steady in the range of 51.00 cents/pound to 51.50 cents/pound. Ethylene prices remained stable in European international and domestic markets, and were offered at US$ 1280/ton and € 1115/ton, respectively.        
 
MEG prices surged in the Asian region. In S E Asian region, MEG prices increased and were quoted at US$ 1065/ton. In China market, MEG prices continued to be stable in the range of US$ 1030/ton to US$ 1035/ton. In the Chinese domestic market, MEG prices stayed stable in the range of RMB 7650/ton to RMB 7700/ton. 
 
In S E Asian region, BG PET Chips prices were stable in the range of US$ 1420/ton to US$ 1450/ton and some deals were discussed in the range of 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 the Chinese market, BG PET Chips prices remained unchanged at RMB 9975/ton.     
 
In Korean market, FG PET Chips prices were stable in the range of US$ 1290/ton to US$ 1330/ton. In Indian market, FOB based prices were assessed in the range of US$ 1320/ton to US$ 1360/ton. In the Chinese market, FG PET Chips prices kept unchanged and were offered in the range of RMB 9825/ton to RMB 9875/ton.
 
PSF prices increased in the Asian region. In F E Asian region, PSF prices were assessed at 1520/ton. In S E Asian market, PSF prices were offered at US$ 1420/ton. In the Chinese domestic market, PSF prices increased and were quoted in the range of RMB 10575/ton to RMB 10625/ton.  
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices remained stable and were quoted at RMB 10700/ton, RMB 12250/ton and RMB 10850/ton, respectively. In export market, offers for POY, DTY and FDY were steady at US$ 1445/ton, US$ 1655/ton and US$ 1455/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 23rd Jan 2017

US textile industry eager to work with President Trump

The US textile industry is eager to work with President Donald Trump...

Textiles | On 23rd Jan 2017

LyondellBasel expands Texas plant ethylene capacity

US based producer of petrochemicals and speciality chemicals...

Textiles | On 23rd Jan 2017

China’s cotton imports down 39% in 2016

China’s total cotton imports declined by 39.1 per cent to ...tons 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...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Steve Cole
Xerium Technologies

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

Marcel Alberts
Eurofibers

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Prathyusha Garimella
Prathyusha Garimella

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

Bani Batra

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

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