Home / Knowledge / News / Textiles / Asian PX, PTA & MEG markets show downtrend
Asian PX, PTA & MEG markets show downtrend
16
Apr '13
Paraxylene (PX) prices declined in Asian markets. In S E Asian region, PX prices went decreased and were quoted in the range of US$ 1465/ton to US$ 1470/ton. In F E Asian market, PX prices were assessed at US$ 1445/ton. Prices of PX imported from Taiwanese market declined and were offered in the range of US$ 1500/ton to US$ 1505/ton.
 
PTA prices plunged in the Asian region. In S E Asian market, PTA prices dipped and were assessed in the range of US$ 1050/ton to US$ 1055/ton. In F E Asian market, PTA prices were offered at US$ 1050/ton. Prices of PTA imported from Taiwanese market declined and were offered in the range of US$ 1060/ton to US$ 1065/ton. In the Chinese domestic market, PTA prices fell and were offered in the range of RMB 7650/ton to RMB 7700/ton.
 
Ethylene prices showed a mixed trend in Asian markets. In S E Asian market, Ethylene prices were quoted in the range of US$ 1250/ton to US$ 1255/ton. In F E Asian region, Ethylene prices were assessed at US$ 1235/ton. In the US market, Ethylene prices increased and were assessed in the range of 60.00 cents/pound to 60.50 cents/pound. Ethylene prices stayed steady in the European international and domestic markets, and were quoted at US$ 1300/ton and € 1045/ton, respectively.
 
MEG prices declined in Asia. In S E Asian region, MEG prices were quoted at US$ 1015/ton. In the Chinese international market, MEG prices increased and were quoted in the range of US$ 1020/ton to US$ 1025/ton. In the Chinese domestic market, MEG prices stayed steady and were offered in the range of RMB 7375/ton to RMB 7425/ton. 
 
In S E Asian region, BG PET Chips prices remained steady 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 to US$ 1440/ton. In the Chinese market, BG PET Chips prices declined and were quoted at RMB 10200/ton.
 
In Korean market, FG PET Chips prices remained stable 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 surged and were offered in the range of RMB 9700/ton to RMB 9750/ton.
 
PSF prices surged in Asian markets. In F E Asian market, PSF prices were assessed at US$ 1510/ton. In S E Asian market, PSF selling prices were quoted at US$ 1410/ton. In the Chinese domestic market, PSF prices remained unchanged and were assessed in the range of RMB 10325/ton to RMB 10375/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices remained stable and were assessed at RMB 10700/ton, RMB 12300/ton, and RMB 11200/ton, respectively. In export market, offers for POY, DTY, and FDY increased and were quoted at US$ 1480/ton, US$ 1695/ton, and US$ 1540/ton, respectively. 
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Angelina Francesca Cheang
MY ANJE

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Karan Arora
Karan Arora

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

Aditi Somani
Aditi Somani

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

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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