Home / Knowledge / News / Textiles / MEG prices increase in Asian region
MEG prices increase in Asian region
17
Dec '12
Paraxylene (PX) prices increased in the Asian region. In S E Asian region, PX prices surged in the range of US$ 1635/ton to US$ 1640/ton. In F E Asian market, PX prices were assessed at US$ 1615/ton. Prices of PX imported from Taiwanese market declined and were quoted in the range of US$ 1625/ton to US$ 1630/ton.  
 
PTA prices remained stable in Asian markets. In S E Asian market, PTA prices continued to be stable in the range of US$ 1145/ton to US$ 1150/ton. In F E Asian market, PTA prices were offered at US$ 1155/ton. Prices of PTA imported from Taiwanese market went down and were assessed in the range of US$ 1145/ton to US$ 1150/ton. In the Chinese domestic market, PTA prices move up in the range of RMB 8500/ton to RMB 8500/ton.   
 
Ethylene prices shot up in the Asian region.  In S E Asian market, Ethylene prices went up in the range of US$ 1235/ton to US$ 1240/ton. In F E Asian region, Ethylene prices were assessed at US$ 1190/ton. In the US market, Ethylene prices remained steady in the range of 54.00 cents/pound to 54.50 cents/pound. Ethylene prices went up in European international market to US$ 1240/ton, and declined in domestic markets to € 1055/ton.         
 
MEG prices increased in the Asian region. In S E Asian region, MEG prices surged and were offered at US$ 1110/ton. In China market, MEG prices stayed stable in the range of US$ 1100/ton to US$ 1105/ton. In the Chinese domestic market, MEG prices increased in the range of RMB 8425/ton to RMB 8475/ton. 
 
In S E Asian region, prices of BG PET Chips continued to be stable in the range of US$ 1440/ton to US$ 1490/ton and some deals were discussed in the range of US$ 1430/ton to US$ 1470/ton. In F E Asian market, selling offers were assessed in the range of US$ 1440/ton to US$ 1480/ton. In the Chinese market, BG PET Chips prices stayed stable at RMB 10500/ton.     
 
In Korean market, FG PET Chips prices were steady in the range of US$ 1300/ton to US$ 1340/ton. In Indian market, FOB based prices were offered in the range of US$ 1330/ton to US$ 1370/ton. In the Chinese market, FG PET Chips prices remained stable and were offered in the range of RMB 10300/ton to RMB 10325/ton.         
 
PSF prices continued to be stable in the Asian region. In F E Asian region, PSF prices were assessed at 1570/ton. In S E Asian market, PSF prices were offered at US$ 1470/ton. In the Chinese domestic market, PSF prices were steady and were offered in the range of RMB 10825/ton to RMB 10875/ton.  
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices stayed stable and were assessed at RMB 11100/ton, RMB 12450/ton and RMB 11500/ton, respectively. In export market, offers for POY, DTY and FDY were steady and were assessed at US$ 1520/ton, US$ 1700/ton and US$ 1565/ton, respectively. 
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Reliance Industries

Textiles | On 24th Apr 2017

Reliance’s FY17 revenue from petrochemicals up 12.2%

Increase in prices across polymers and polyester chain has...

Textiles | On 24th Apr 2017

India, Kazakhstan to increase cooperation in textiles

Indian and Kazakhstan are deliberating upon increasing cooperation in ...

Textiles | On 24th Apr 2017

GST reflects 'One nation, One aspiration' spirit: Modi

Prime Minister Narendra Modi has said that the Goods and Services Tax ...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Eric Scholler
Groz-Beckert

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

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...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Robert Brunner
Devereux

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

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
April 2017

April 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