Home / Knowledge / News / Textiles / MEG prices move up in Asian Markets
MEG prices move up in Asian Markets
26
Dec '12
Paraxylene (PX) prices remained stable in Asian markets. In S E Asian region, PX prices continued to be stable in the range of US$ 1605/ton to US$ 1610/ton. In F E Asian market, PX prices were assessed at US$ 1600/ton. Prices of PX imported from Taiwanese market went down and were offered in the range of US$ 1620/ton to US$ 1625/ton.     
 
PTA prices stayed stable in Asian markets. In S E Asian market, PTA prices were steady 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 remained unchanged and were quoted in the range of US$ 1150/ton to US$ 1155/ton. In the Chinese domestic market, PTA prices surged in the range of RMB 8500/ton to RMB 8550/ton.
 
Ethylene prices continued to be stable in the Asian region. In S E Asian market, Ethylene prices stayed steady in the range of US$ 1290/ton to US$ 1295/ton. In F E Asian region, Ethylene prices were offered at US$ 1195/ton. In the US market, Ethylene prices shot up in the range of 60.00 cents/pound to 60.50 cents/pound. Ethylene prices remained stable in European international and domestic markets at US$ 1380/ton and € 1055/ton, respectively.           
 
MEG prices shot up in the Asian region. In S E Asian region, MEG prices increased and were offered at US$ 1135/ton. In China market, MEG prices were steady in the range of US$ 1130/ton to US$ 1135/ton. In the Chinese domestic market, MEG prices surged in the range of RMB 8575/ton to RMB 8625/ton.
 
In S E Asian region, prices of BG PET Chips stayed stable in the range of US$ 1470/ton to US$ 1520/ton and some deals were discussed in the range of US$ 1470/ton to US$ 1510/ton. In F E Asian market, selling offers were quoted in the range US$ 1440/ton to US$ 1480/ton. In the Chinese market, BG PET Chips prices were steady at RMB 10600/ton.     
 
In Korean market, FG PET Chips prices continued to be stable in the range of US$ 1340/ton to US$ 1370/ton. In Indian market, FOB based prices were assessed in the range of US$ 1350/ton to US$ 1390/ton. In the Chinese market, FG PET Chips prices were stable and were quoted in the range of RMB 10400/ton to RMB 10450/ton.  
 
PSF prices surged in the Asian region. In F E Asian region, PSF prices were offered at 1590/ton. In S E Asian market, PSF prices were quoted at US$ 1490/ton. In the Chinese domestic market, PSF prices increased and were assessed in the range of RMB 10925/ton to RMB 10975/ton.  
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices surged and were quoted at RMB 11250/ton, RMB 12650/ton and RMB 11625/ton, respectively. In export market, prices for POY, DTY and FDY were increased and were offered at US$ 1545/ton, US$1730/ton and US$ 1585/ton, respectively.
  
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Kerem Durdag
Biovation II LLC

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

Marten Alkhagen
Swerea IVF AB

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Mike Hoffman
Gildan Activewear SRL

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

July 2017

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

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X