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

Textiles | On 22nd May 2017

GST to be biggest achievement of Modi govt: ASSOCHAM

Goods and Services Tax (GST) which is near a roll-out would be the...

Textiles | On 22nd May 2017

Maintaining NAFTA benefits is crucial: Cotton council

The US must remain a participant in a vibrant North American Free...

Apparel/Garments | On 22nd May 2017

Retailers ask Congress not to go for consumption tax

The National Retail Federation has asked US Congress to focus on...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Marten Alkhagen
Swerea IVF AB

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marcel Alberts
Eurofibers

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

Ritu Kumar
Label Ritu Kumar

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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