Home / Knowledge / News / Textiles / PSF prices surge in Southeast & Far East Asian markets
PSF prices surge in Southeast & Far East Asian markets
17
May '13
Paraxylene (PX) prices showed a mixed trend in Asian markets. In the S E Asian region, PX prices declined and were offered in the range of US$ 1425/ton to US$ 1430/ton. In the F E Asian market, PX prices were assessed at US$ 1405/ton. Prices of PX imported from the Taiwanese market declined and were quoted in the range of US$ 1430/ton to US$ 1435/ton.
 
PTA prices stayed steady in the Asian region. In the S E Asian market, PTA prices kept unchanged in the range of US$ 1050/ton to US$ 1055/ton. In the F E Asian market, PTA prices were quoted at US$ 1050/ton. Prices of PTA imported from the Taiwanese market declined and were assessed in the range of US$ 1045/ton to US$ 1050/ton. In the Chinese domestic market, PTA prices remained unchanged and were assessed in the range of RMB 7675/ton to RMB 7725/ton.
 
Ethylene prices remained unchanged in Asian markets. In the S E Asian market, Ethylene prices were offered in the range of US$ 1250/ton to US$ 1255/ton. In the F E Asian region, Ethylene prices were assessed at US$ 1110/ton. In the US market, Ethylene prices surged and were offered in the range of 61.00 cents/pound to 62.00 cents/pound. Ethylene prices stayed stable in the European international and domestic markets, and were quoted at US$ 1085/ton and € 865/ton, respectively.
 
MEG prices showed a mixed trend in Asia. In the S E Asian region, MEG prices were quoted at US$ 1000/ton. In the Chinese international market, MEG prices decreased and were offered in the range of US$ 995/ton to US$ 995/ton. In the Chinese domestic market, MEG prices remained stable and were offered in the range of RMB 7275/ton to RMB 7325/ton.
 
In the S E Asian region, BG PET Chips prices remained unchanged in the range of US$ 1440/ton to US$ 1460/ton and some deals were discussed in the range of US$ 1420/ton to US$ 1450/ton. In the F E Asian market, selling offers stayed stable between US$ 1420/ton to US$ 1460/ton, while discussions were in the range of US$ 1410/ton to US$ 1420/ton. In the Chinese market, BG PET Chips prices plunged and were quoted at RMB 10000/ton.
 
In the Korean market, FG PET Chips prices remained stable 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 declined and were offered in the range of RMB 9625/ton to RMB 9675/ton.
 
PSF prices surged 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 declined and were quoted in the range of RMB 10175/ton to RMB 10225/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained stable at RMB 10700/ton, RMB 12275/ton, and RMB 11200/ton, respectively. In the export market, offers for POY, DTY, and FDY increased to US$ 1490/ton, US$1705/ton, and US$ 1550/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 27th Jul 2017

Global yarn production improved 30% q-o-q in Q1: ITMF

In the first quarter of 2017, global yarn production rose by almost...

Courtesy: Messe Frankfurt

Textiles | On 27th Jul 2017

Intertextile Shanghai to see buyers from 100 countries

Suppliers from over 25 countries and trade buyers from around 100...

Textiles | On 26th Jul 2017

Q1 2018 revenue at Raymond soars 14%

The consolidated revenue of Raymond Limited for the first quarter of...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Mark Paterson
Technical Absorbents Ltd

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Wendell Rodricks
Wendell Rodricks

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

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

July 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

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X