Home / Knowledge / News / Textiles / Asian PX, PTA & PSF markets fall
Asian PX, PTA & PSF markets fall
03
May '13
Paraxylene (PX) prices declined in Asian markets. In S E Asian region, PX prices fell and were assessed in the range of US$ 1415/ton to US$ 1420/ton. In F E Asian market, PX prices were quoted at US$ 1395/ton. Prices of PX imported from the Taiwanese market remained stable and were offered in the range of US$ 1445/ton to US$ 1450/ton.
 
PTA prices plunged in the Asian region. In S E Asian market, PTA prices dipped and were quoted in the range of US$ 1025/ton to US$ 1030/ton. In F E Asian market, PTA prices were offered at US$ 1025/ton. Prices of PTA imported from the Taiwanese market stayed stable and were offered in the range of US$ 1025/ton to US$ 1030/ton. In the Chinese domestic market, PTA prices increased and were assessed in the range of RMB 7700/ton to RMB 7750/ton.
 
Ethylene prices maintained a stable trend in Asian markets. In the S E Asian market, Ethylene prices were assessed in the range of US$ 1210/ton to US$ 1215/ton. In the F E Asian region, Ethylene prices were quoted at US$ 1080/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 were stable in the European international and domestic markets, and were quoted at US$ 1185/ton and € 945/ton, respectively.
 
MEG prices showed a mixed trend in Asia. In S E Asian region, MEG prices were quoted at US$ 985/ton. In the Chinese international market, MEG prices stayed stable and were assessed in the range of US$ 985/ton to US$ 990/ton. In the Chinese domestic market, MEG prices surged and were offered in the range of RMB 7300/ton to RMB 7350/ton. 
 
In S E Asian region, BG PET Chips prices remained unchanged in the range of US$ 1440/ton to US$ 1480/ton and some deals were discussed in the range of US$ 1440/ton to US$ 1450/ton. In the F E Asian market, selling offers stayed steady between US$ 1410/ton to US$ 1480/ton, while discussions took place in the range of US$ 1390/ton to US$ 1420/ton. In the Chinese market, BG PET Chips prices remained stable and were quoted at RMB 10100/ton.
 
In the Korean market, FG PET Chips prices remained steady in the range of US$ 1240/ton to US$ 1270/ton. In the Indian market, FOB based prices were stable in the range of US$ 1290/ton to US$ 1330/ton. In the Chinese market, FG PET Chips prices plunged and were offered in the range of RMB 9475/ton to RMB 9525/ton.
 
PSF prices declined in Asian markets. In the F E Asian market, PSF prices were quoted at US$ 1485/ton. In the S E Asian market, PSF selling prices were offered at US$ 1385/ton. In the Chinese domestic market, PSF prices kept stable and were quoted in the range of RMB 10225/ton to RMB 10275/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained stable at RMB 10650/ton, RMB 12250/ton, and 11200/ton, respectively. In the export market, offers for POY, DTY, and FDY declined and were offered at US$ 1460/ton, US$ 1680/ton, and US$ 1530/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Larry L Kinn
Suominen Corporation

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

September 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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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