Home / Knowledge / News / Textiles / MEG prices dip in Chinese international market
MEG prices dip in Chinese international market
28
May '13
Paraxylene (PX) prices decreased in Asian markets. In the S E Asian region, PX prices declined and were quoted in the range of US$ 1390/ton to US$ 1395/ton. In the F E Asian market, PX prices were assessed at US$ 1370/ton. Prices of PX imported from the Taiwanese market remained stable and were assessed in the range of US$ 1395/ton to US$ 1400/ton. 
 
PTA prices remained unchanged in the Asian region. In the S E Asian market, PTA prices were stable in the range of US$ 1050/ton to US$ 1055/ton. In the F E Asian market, PTA prices were offered at US$ 1050/ton. Prices of PTA imported from the Taiwanese market remained steady and were quoted in the range of US$ 1045/ton to US$ 1050/ton. In the Chinese domestic market, PTA prices plunged and were offered in the range of RMB 7675/ton to RMB 7725/ton.   
 
Ethylene prices showed mixed trend in Asian markets. In the S E Asian market, Ethylene prices were assessed in the range of US$ 1275/ton to US$ 1280/ton. In the F E Asian region, Ethylene prices were quoted at US$ 1150/ton. In the US market, Ethylene prices declined and were quoted in the range of 54.50 cents/pound to 55.00 cents/pound. Ethylene prices remained stable in the European international and domestic markets, and were quoted at US$ 1110/ton and € 905/ton, respectively.
 
MEG prices showed mixed trend in Asia. In the S E Asian region, MEG prices were offered at US$ 985/ton. In the Chinese international market, MEG prices plunged and were offered in the range of US$ 990/ton to US$ 995/ton. In the Chinese domestic market, MEG prices stayed stable and were offered in the range of RMB 7300/ton to RMB 7350/ton.
 
In the S E Asian region, BG PET Chips prices remained stable 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 stayed steady and were quoted at RMB 9950/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 were stable and were offered in the range of RMB 9525/ton to RMB 9575/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 decreased and were offered in the range of RMB 10150/ton to RMB 10200/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained stable at RMB 10500/ton, RMB 12150/ton, and RMB 11000/ton, respectively. In the export market, offers for POY, DTY, and FDY declined to US$ 1445/ton, US$ 1670/ton, and US$ 1505/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: India ITME

Textiles | On 8th Dec 2016

Industry needs to create 1cr jobs in 3yrs: Kavita Gupta

Sharing several initiatives laid out by the government in R&D,...

Textiles | On 8th Dec 2016

Package will boost made-ups sector: SIMA

The reforms package approved by the Union Cabinet to boost employment ...

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Giorgio Mantovani
Corman S.p.A

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sonam & Paras Modi
SVA

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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