Home / Knowledge / News / Textiles / PSF, MEG & PTA prices continue to slide in Asian region
PSF, MEG & PTA prices continue to slide in Asian region
23
Jan '13
Paraxylene (PX) prices remained stable in Asian markets. In S E Asian region, PX prices increased and were quoted in the range of US$ 1660/ton to US$ 1665/ton. In F E Asian market, PX prices were offered at US$ 1650/ton. Prices of PX imported from Taiwanese market went up and were assessed in the range of US$ 1675/ton to US$ 1680/ton.
 
PTA prices declined in the Asian region. In S E Asian market, PTA prices went down and were quoted in the range of US$ 1165/ton to US$ 1170/ton. In F E Asian market, PTA prices were assessed at US$ 1180/ton. Prices of PTA imported from Taiwanese market decreased and were quoted in the range of US$ 1185/ton to US$ 1190/ton. In the Chinese domestic market, PTA prices remained stable and were offered in the range of RMB 8675/ton to RMB 8725/ton.
 
Ethylene prices stayed stable in Asian markets. In S E Asian market, Ethylene prices remained steady and were quoted in the range of US$ 1380/ton to US$ 1385/ton. In F E Asian region, Ethylene prices were offered at US$ 1325/ton. In the US market, Ethylene prices remained unchanged and were assessed in the range of 66.00 cents/pound to 66.50 cents/pound. Ethylene prices were stable in European international and domestic markets, and were quoted at US$ 1500/ton and € 1150/ton, respectively.
 
MEG prices declined in Asian markets. In S E Asian region, MEG prices decreased and were assessed at US$ 1170/ton. In China market, MEG prices declined and were offered in the range of US$ 1175/ton to US$ 1180/ton. In the Chinese domestic market, MEG prices went up and were offered in the range of RMB 8750/ton to RMB 8800/ton. 
 
In S E Asian region, BG PET Chips prices were steady in the range of US$ 1550/ton to US$ 1600/ton and some deals were discussed in the range of US$ 1540/ton to US$ 1580/ton. In F E Asian market, selling offers were between US$ 1520/ton to US$ 1560/ton. In the Chinese market, BG PET Chips prices remained stable at RMB 11150/ton.
 
In Korean market, FG PET Chips prices remained unchanged in the range of US$ 1430/ton to US$ 1450/ton. In Indian market, FOB based prices were quoted in the range of US$ 1440/ton to US$ 1480/ton. In the Chinese market, FG PET Chips prices went down in the range of RMB 10875/ton to RMB 10925/ton.
 
PSF prices went down in Asian markets. In F E Asian market, PSF prices were quoted at US$ 1675/ton. In S E Asian market, PSF selling prices were offered at US$ 1575/ton. In the Chinese domestic market, PSF prices went down and were quoted in the range of RMB 11600/ton to RMB 11650/ton.
 
In the Chinese domestic market, prices of Polyester POY and DTY declined to RMB 11575/ton and RMB 12900/ton respectively, FDY prices remained steady at RMB 12000/ton. In export market, offers for POY, DTY, and FDY went down and were assessed at US$ 1585/ton,US$ 1760/ton, and US$ 1635/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Steve Cole
Xerium Technologies

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

Mark Paterson
Technical Absorbents Ltd

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Robert Brunner
Devereux

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Ritu Kumar
Label Ritu Kumar

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

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search