Home / Knowledge / News / Textiles / PX & MEG prices move up in Asian markets
PX & MEG prices move up in Asian markets
12
Apr '13
Paraxylene (PX) prices surged in Asian markets. In S E Asian region, PX prices moved up and were offered in the range of US$ 1540/ton to US$ 1545/ton. In F E Asian market, PX prices were assessed at US$ 1515/ton. Prices of PX imported from Taiwanese market increased and were quoted in the range of US$ 1510/ton to US$ 1515/ton.
 
PTA prices remained stable in the Asian region. In S E Asian market, PTA prices remained stable in the range of US$ 1070/ton to US$ 1075/ton. In F E Asian market, PTA prices were quoted at US$ 1070/ton. Prices of PTA imported from Taiwanese market increased and were offered in the range of US$ 1065/ton to US$ 1070/ton. In the Chinese domestic market, PTA prices moved down and were offered in the range of RMB 7875/ton to RMB 7925/ton.
 
Ethylene prices showed a mixed trend in Asian markets. In S E Asian market, Ethylene prices were quoted in the range of US$ 1260/ton to US$ 1265/ton. In F E Asian region, Ethylene prices were assessed at US$ 1235/ton. In the US market, Ethylene prices declined and were offered in the range of 54.50 cents/pound to 55.00 cents/pound. Ethylene prices remained stable in the European international and domestic markets, and were offered at US$ 1350/ton and € 1050/ton, respectively.
 
MEG prices inched up in Asia. In S E Asian region, MEG prices were offered at US$ 1025/ton. In the Chinese international market, MEG prices went up and were quoted in the range of US$ 1015/ton to US$ 1020/ton. In the Chinese domestic market, MEG prices declined and were quoted in the range of RMB 7450/ton to RMB 7500/ton.
 
In S E Asian region, BG PET Chips prices remained stable in the range of US$ 1430/ton to US$ 1480/ton and some deals were discussed in the range of US$ 1420/ton to US$ 1440/ton. In F E Asian market, selling offers stayed steady between US$ 1380/ton and US$ 1440/ton. In the Chinese market, BG PET Chips prices rose and were offered at RMB 10,300/ton.
 
In Korean market, FG PET Chips prices remained unchanged in the range of US$ 1240/ton to US$ 1260/ton. In Indian market, FOB based prices were steady in the range of US$ 1280/ton to US$ 1310/ton. In the Chinese market, FG PET Chips prices were stable in the range of RMB 9675/ton to RMB 9725/ton.
 
PSF prices remained stable in Asian market. In F E Asian market, PSF prices were quoted at US$ 1490/ton. In S E Asian market, PSF selling prices were assessed at US$ 1390/ton. In the Chinese domestic market, PSF prices remained stable and were offered in the range of RMB 10325/ton to RMB 10375/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices moved up and were offered at RMB 10,700/ton, RMB 12,300/ton, and RMB 11,200/ton, respectively. In export market, offers for POY, DTY, and FDY increased and were quoted at US$ 1460/ton, US$ 1675/ton, and US$ 1520/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kerem Durdag
Biovation II LLC

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Pranav Mishra
Huemn

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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