Home / Knowledge / News / Textiles / PTA, MEG & PSF trends decline in Asian markets
PTA, MEG & PSF trends decline in Asian markets
01
Apr '13
Paraxylene (PX) prices remained unchanged in Asian markets. In S E Asian region, PX prices were steady and were offered in the range of US$ 1395/ton to US$ 1400/ton. In F E Asian market, PX prices were assessed at US$ 1375/ton. PX imported from Taiwanese market declined and was quoted in the range of US$ 1395/ton to US$ 1400/ton.
 
PTA prices went down in the Asian region. In S E Asian market, PTA prices were offered in the range of US$ 1040/ton to US$ 1045/ton. In F E Asian market, PTA prices were quoted at US$ 1040/ton. PTA imported from Taiwanese market went down and was offered in the range of US$ 1035/ton to US$ 1040/ton. In the Chinese domestic market, PTA prices went down and were offered in the range of RMB 7625/ton to RMB 7675/ton.   
 
Ethylene prices showed mixed trend in Asian markets. In S E Asian market, Ethylene prices were quoted in the range of US$ 1355/ton to US$ 1360/ton. In F E Asian region, Ethylene prices were assessed at US$ 1220/ton. In the US market, Ethylene prices went down and were offered in the range of 61.50 cents/pound to 62.00 cents/pound. Ethylene prices declined in the European international market and in the domestic market, and were offered at US$ 1400/ton and € 1095/ton, respectively.      
 
MEG prices went down in Asia. In S E Asian region, MEG prices were offered at US$ 985/ton. In Chinese international market, MEG prices declined and were quoted in the range of US$ 980/ton to US$ 985/ton. In the Chinese domestic market, MEG prices went down and were quoted in the range of RMB 7300/ton to RMB 7375/ton. 
 
In S E Asian region, BG PET Chips prices were steady in the range of US$ 1500/ton to US$ 1550/ton. Some deals were discussed at around US$ 1500/ton to US$ 1530/ton. In F E Asian market, selling offers were between US$ 1410/ton to US$ 1470/ton. In the Chinese market, BG PET Chips prices went down and were offered at RMB 9950/ton.
 
In Korean market, FG PET Chips prices remained unchanged in the range of US$ 1270/ton to US$ 1290/ton. In Indian market, FOB based prices were assessed in the range of US$ 1300/ton to US$ 1320/ton. In the Chinese market, FG PET Chips prices decreased in the range of RMB 9425/ton to RMB 9475/ton.
 
PSF prices showed a downward trend in Asian markets. In F E Asian market, PSF prices were quoted at US$ 1435/ton. In S E Asian market, PSF selling prices were assessed at US$ 1335/ton. In the Chinese domestic market, PSF prices declined and were offered in the range of RMB 10025/ton to RMB 10075/ton.
 
In Chinese domestic market, Polyester POY, DTY and FDY prices declined and were offered at RMB 10400/ton, RMB 12100/ton, and RMB 10850/ton, respectively. In export market, offers for POY, DTY, and FDY plunged down and were quoted at US$ 1405/ton, US$ 1630/ton, and US$ 1455/ton, respectively. 
 
Click here to view and compare daily price trends. 
 

Fibre2fashion News Desk - India


Must ReadView All

OECD urges UK for close EU ties to meet Brexit challenges

Textiles | On 24th Oct 2017

OECD urges UK for close EU ties to meet Brexit challenges

The British economy has weakened following the decision to leave the...

Accord, Alliance to leave Bangladesh in 2018

Apparel/Garments | On 24th Oct 2017

Accord, Alliance to leave Bangladesh in 2018

Accord and Alliance, the two western buyers' platforms working to...

Gujarat govt announces bonus for cotton farmers

Textiles | On 24th Oct 2017

Gujarat govt announces bonus for cotton farmers

The Gujarat government has announced a bonus of Rs 100 per 20 kg for...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Anshul Sood
Oceedee

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

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Harmeet Singh

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

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kerem Durdag
Biovation II LLC

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

Urs Stalder
Sanitized AG

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

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Yash P. Kotak
Bombay Hemp Company

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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

October 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

Active Poll

Do you see sustainability as a route to business growth?

Yes
76.1%
No
12.7%
Skip
11.3%

Total Votes: 71

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
62.0%
No
28.2%
Skip
9.9%

Total Votes: 71

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
85.9%
No
9.9%
Skip
4.2%

Total Votes: 71

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
76.1%
No
11.3%
Skip
12.7%

Total Votes: 71


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