Home / Knowledge / News / Textiles / PTA & MEG prices move up in Southeast Asia
PTA & MEG prices move up in Southeast Asia
18
Mar '13
Paraxylene (PX) prices stayed steady in Asian markets. In S E Asian region, PX prices remained unchanged and were assessed in the range of US$ 1540/ton to US$ 1545/ton. In F E Asian market, PX prices were quoted at US$ 1520/ton. Prices of PX imported from Taiwanese market stayed stable and were offered in the range of US$ 1545/ton to US$ 1550/ton.
 
PTA prices surged in the Asian region. In S E Asian market, PTA prices increased and were offered in the range of US$ 1115/ton to US$ 1120/ton. In F E Asian market, PTA prices were quoted at US$ 1125/ton. Prices of PTA imported from Taiwanese market remained unchanged and were assessed in the range of US$ 1100/ton to US$ 1105/ton. In the Chinese domestic market, PTA prices increased and were offered in the range of RMB 8050/ton to RMB 8100/ton.
 
Ethylene prices showed a mixed trend in Asian markets. In S E Asian market, Ethylene prices were assessed in the range of US$ 1365/ton to US$ 1370/ton. In F E Asian region, Ethylene prices were quoted at US$ 1195/ton. In the US market, Ethylene prices remained unchanged and were quoted in the range of 64.50 cents/pound to 65.00 cents/pound. Ethylene prices declined in the European international and domestic markets, and were assessed at US$ 1490/ton and € 1145/ton, respectively.
 
MEG prices went up in Asia. In S E Asian region, MEG prices were offered at US$ 1055/ton. In the Chinese international market, MEG prices stayed steady and were offered in the range of US$ 1030/ton to US$ 1035/ton. In the Chinese domestic market, MEG prices remained unchanged and were offered in the range of RMB 7950/ton to RMB 7975/ton. 
 
In S E Asian region, BG PET Chips prices were steady in the range of US$ 1500/ton to US$ 1540/ton and some deals were discussed in the range of US$ 1490/ton to US$ 1530/ton. In F E Asian market, selling offers were between US$ 1480/ton to US$ 1530/ton. In the Chinese market, BG PET Chips prices remained unchanged at RMB 10500/ton.
 
In Korean market, FG PET Chips prices stayed stable in the range of US$ 1330/ton to US$ 1350/ton. In Indian market, FOB based prices were assessed in the range of US$ 1360/ton to US$ 1380/ton. In the Chinese market, FG PET Chips prices maintained a stable trend in the range of RMB 10300/ton to RMB 10350/ton.
 
PSF prices went down in Asian markets. In F E Asian market, PSF prices were quoted at US$ 1505/ton. In S E Asian market, PSF selling prices were offered at US$ 1405/ton. In the Chinese domestic market, PSF prices stayed steady and were assessed in the range of RMB 10400/ton to RMB 10450/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices stayed steady and were assessed at RMB 11050/ton, RMB 12550/ton, and RMB 11350/ton, respectively. In export market, offer prices for POY, DTY, and FDY dipped and were assessed at US$ 1510/ton, US$ 1710/ton, and US$ 1540/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Union Minister for finance Arun Jaitley chairing the 25th GST Council meeting, flanked by minister of state for finance Shiv Pratap Shukla (right) and finance secretary Dr Hasmukh Adhia. Courtesy: PIB

Textiles | On 20th Jan 2018

GST rate on velvet fabric reduced to 5%

The 25th Goods and Services Tax (GST) Council meeting, held under the ...

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

Textiles | On 20th Jan 2018

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

The revenue from the petrochemicals segment at Reliance Industries...

Courtesy: Cotton USA

Textiles | On 20th Jan 2018

US cotton bodies pledge to support CCI activities

Ten US cotton organisations have pledged industry contributions in...

Interviews View All

Rahuul Jashnani
Jashn

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

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Rupa Sood and Sharan Apparao
Nayaab

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

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 2018

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

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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

Yes No

Active Poll

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

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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

Active Poll

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

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


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