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

EU renews GSP+ scheme for Pakistan 2 years

Apparel/Garments | On 24th Feb 2018

EU renews GSP+ scheme for Pakistan 2 years

Pakistani exporters can enjoy preferential duties on exports to the...

Surat wary of e-way bills

Textiles | On 24th Feb 2018

Surat wary of e-way bills

There is no respite for Surat’s textile manufacturers and retailers....

Retailers choose sides in Alibaba-Tencent battle in China

Apparel/Garments | On 24th Feb 2018

Retailers choose sides in Alibaba-Tencent battle in China

Two big Chinese firms— Alibaba Group Holding Ltd and Tencent Holdings ...

Interviews View All

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Top executives
Textile & apparel bodies

The decision to reduce GST on MMF yarn to 12% is transformational

Urmil Arya

Sushila International, a well established textile organisation established ...

Harsh Shah

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

Vikas Banduke

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

Urs Stalder
Sanitized AG

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Aditi Somani
Aditi Somani

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

February 2018

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
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

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
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

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
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

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
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


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