Home / Knowledge / News / Textiles / Asian PX & PTA prices move downwards
Asian PX & PTA prices move downwards
23
May '13
Paraxylene (PX) prices declined in Asian markets. In the S E Asian region, PX prices stayed steady and were quoted in the range of US$ 1415/ton to US$ 1420/ton. In the F E Asian market, PX prices were assessed at US$ 1390/ton. Prices of PX imported from the Taiwanese market remained unchanged and were assessed in the range of US$ 1425/ton to US$ 1430/ton. 
 
PTA prices plunged in the Asian region. In the S E Asian market, PTA prices decreased and were quoted in the range of US$ 1055/ton to US$ 1060/ton. In the F E Asian market, PTA prices were offered at US$ 1055/ton. Prices of PTA imported from the Taiwanese market surged and were quoted in the range of US$ 1055/ton to US$ 1060/ton. In the Chinese domestic market, PTA prices fell and were offered in the range of RMB 7725/ton to RMB 7775/ton.
 
Ethylene prices showed a mixed trend in Asian markets. In the S E Asian market, Ethylene prices were assessed in the range of US$ 1285/ton to US$ 1290/ton. In the F E Asian region, Ethylene prices were quoted at US$ 1130/ton. In the US market, Ethylene prices declined and were quoted in the range of 56.00 cents/pound to 56.50 cents/pound. Ethylene prices remained stable in the European international and domestic markets, and were quoted at US$ 1105/ton and € 865/ton, respectively.
 
MEG prices remained stable in Asia. In the S E Asian region, MEG prices were offered at US$ 1000/ton. In the Chinese international market, MEG prices plunged and were quoted in the range of US$ 995/ton to US$ 1000/ton. In the Chinese domestic market, MEG prices declined and were offered in the range of RMB 7325/ton to RMB 7375/ton.
 
In the S E Asian region, BG PET Chips prices remained steady 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 discussion prices were between US$ 1410/ton and US$ 1420/ton. In the Chinese market, BG PET Chips prices remained stable and were quoted at RMB 9975/ton.
 
In the Korean market, FG PET Chips prices remained unchanged 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 remained steady and were offered in the range of RMB 9550/ton to RMB 9600/ton.
 
PSF prices remained stable in Asian markets. In the F E Asian market, PSF prices were offered 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 stayed stable and were offered in the range of RMB 10175/ton to RMB 10225/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY declined to RMB 10550/ton, RMB 12200/ton, and RMB 11050/ton, respectively. In the export market, offers for POY, DTY, and FDY decreased to US$ 1450/ton, US$ 1675/ton, and US$ 1510/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Steve Cole
Xerium Technologies

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

Ashok Desai
Bombay Textile Research Association

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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:
July 2017

July 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