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: Ikea

Textiles | On 26th Apr 2017

Ikea’s product sourcing from India to double by 2020

Ikea, the global home furnishing giant from Sweden, plans to double...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Interviews View All

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Wendell Rodricks
Wendell Rodricks

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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:
April 2017

April 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