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

RBI Governor Urjit Patel addressing a press conference. Courtesy: Youtube

Textiles | On 7th Dec 2016

Defying expectations, RBI keeps repo rate unchanged

Defying market expectations, the Monetary Policy Committee (MPC) of...

RBI Governor Urjit Patel and other officials addressing a press conference. Courtesy: Youtube

Textiles | On 7th Dec 2016

RBI withdraws the incremental CRR from Dec 10

The Reserve Bank of India (RBI) has decided to withdraw the...

Textiles | On 7th Dec 2016

‘Price-competitiveness is crucial for China yarn market’

Kikani Exports, India based yarn supplier with 12 years of experience ...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Larry L Kinn
Suominen Corporation

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Karan Arora
Karan Arora

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

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