Home / Knowledge / News / Textiles / MEG prices rise in China
MEG prices rise in China
22
Mar '13
Paraxylene (PX) prices stayed steady in Asian markets. In S E Asian region, PX prices remained stable and were quoted in the range of US$ 1500/ton to US$ 1505/ton. In F E Asian market, PX prices were assessed at US$ 1480/ton. Prices of PX imported from Taiwanese market kept unchanged and were offered in the range of US$ 1500/ton to US$ 1505/ton.
 
PTA prices increased marginally in the Asian region. In S E Asian market, PTA prices surged and were quoted in the range of US$ 1090/ton to US$ 1095/ton. In F E Asian market, PTA prices were offered at US$ 1105/ton. Prices of PTA imported from Taiwanese market declined and were quoted in the range of US$ 1095/ton to US$ 1100/ton. In the Chinese domestic market, PTA prices dipped and were offered in the range of RMB 7975/ton to RMB 8025/ton.
 
Ethylene prices maintained steady trend in Asian markets. In S E Asian market, Ethylene prices were assessed in the range of US$ 1370/ton to US$ 1375/ton. In F E Asian region, Ethylene prices were quoted at US$ 1195/ton. In the US market, Ethylene prices stayed steady and were quoted in the range of 64.50 cents/pound to 65.00 cents/pound. Ethylene prices remained stable in the European international and domestic markets, and were quoted at US$ 1490/ton and € 1145/ton, respectively.      
 
MEG prices fell in Asia. In S E Asian region, MEG prices were quoted at US$ 1030/ton. In the Chinese international market, MEG prices surged and were assessed in the range of US$ 1030/ton to US$ 1035/ton. In the Chinese domestic market, MEG prices increased and were assessed in the range of RMB 7750/ton to RMB 7800/ton.
 
In S E Asian region, BG PET Chips prices were stable 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 maintained a stable trend at RMB 10500/ton.
 
In Korean market, FG PET Chips prices stayed steady 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 were stable in the range of RMB 10300/ton to RMB 10350/ton.
 
PSF prices moved down in Asian markets. In F E Asian market, PSF prices were offered at US$ 1505/ton. In S E Asian market, PSF selling prices were quoted at US$ 1405/ton. In the Chinese domestic market, PSF prices declined and were offered in the range of RMB 10300/ton to RMB 10450/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices stayed steady and were offered at RMB 10950/ton, RMB 12500/ton, and RMB 11350/ton, respectively. In export market, offers for POY, DTY, and FDY were steady and were quoted at US$ 1505/ton, US$ 1715/ton, and US$ 1550/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Suresh Patel
Sidwin Fabric

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

Urs Stalder
Sanitized AG

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

Rupa Sood and Sharan Apparao
Nayaab

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Pranav Mishra
Huemn

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

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 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search