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

EU, Japan finalise Economic Partnership Agreement

Textiles | On 18th Dec 2017

EU, Japan finalise Economic Partnership Agreement

Building on the political agreement reached in principle during the...

WTO, ITC launch cotton portal to enhance transparency

Textiles | On 18th Dec 2017

WTO, ITC launch cotton portal to enhance transparency

The World Trade Organisation (WTO) and the International Trade Centre ...

India much behind China in containerised cargo capacity

Textiles | On 18th Dec 2017

India much behind China in containerised cargo capacity

India’s total containerised cargo capacity of 8.75 million...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Amrit Sethia
SOIE

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

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Wendell Rodricks
Wendell Rodricks

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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 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
68.1%
No
13.8%
Skip
18.1%

Total Votes: 94

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
62.8%
No
29.8%
Skip
7.4%

Total Votes: 94

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
87.2%
No
9.6%
Skip
3.2%

Total Votes: 94

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
81.9%
No
8.5%
Skip
9.6%

Total Votes: 94


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