Home / Knowledge / News / Textiles / MEG & PSF prices drop in Asian markets
MEG & PSF prices drop in Asian markets
04
Jun '13
Paraxylene (PX) prices increased in Asian markets. In the S E Asian region, PX prices surged and were quoted in the range of US$ 1440/ton to US$ 1445/ton. In the F E Asian market, PX prices were assessed at US$ 1420/ton. Prices of PX imported from the Taiwanese market increased and were assessed in the range of US$ 1435/ton to US$ 1440/ton. 
 
PTA prices increased in the Asian region. In the S E Asian market, PTA prices moved up and were assessed in the range of US$ 1060/ton to US$ 1065/ton. In the F E Asian market, PTA prices were offered at US$ 1060/ton. Prices of PTA imported from the Taiwanese market remained unchanged and were quoted in the range of US$ 1050/ton to US$ 1055/ton. In the Chinese domestic market, PTA prices stayed steady 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 offered in the range of US$ 1260/ton to US$ 1265/ton. In the F E Asian region, Ethylene prices were assessed 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 stayed stable in the European international market to US$ 1140/ton, while the prices increased in the domestic market to € 945/ton.
    
MEG prices declined in Asia. In the S E Asian region, MEG prices were offered at US$ 945/ton. In the Chinese international market, MEG prices plunged and were assessed in the range of US$ 950/ton to US$ 955/ton. In the Chinese domestic market, MEG prices surged and were offered in the range of RMB 6925/ton to RMB 6975/ton. 
 
In the S E Asian region, BG PET Chips prices remained stable in the range of US$ 1430/ton to US$ 1450/ton, and some deals were discussed in the range of US$ 1420/ton to US$ 1430/ton. In the F E Asian market, selling offers stayed steady between US$ 1400/ton to US$ 1440/ton, while talked prices were between US$ 1390/ton and US$ 1410/ton. In the Chinese market, BG PET Chips prices decreased and were quoted at RMB 9850/ton.
 
In the Korean market, FG PET Chips prices remained stable in the range of US$ 1230/ton to US$ 1260/ton. In the Indian market, FOB based prices remained stable in the range of US$ 1280/ton to US$ 1320/ton. In the Chinese market, FG PET Chips prices dropped and were offered in the range of RMB 9400/ton to RMB 9450/ton.
 
PSF prices decreased in Asian markets. In the F E Asian market, PSF prices were offered at US$ 1470/ton. In the S E Asian market, PSF selling prices were quoted at US$ 1370/ton. In the Chinese domestic market, PSF prices declined and were assessed in the range of RMB 10050/ton to RMB 10100/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY, and FDY remained stable at RMB 10475/ton, RMB 12050/ton, and RMB 10800/ton, respectively. In the export market, offers for POY, DTY, and FDY declined to US$ 1445/ton, US$ 1660/ton, and US$ 1480/ton, respectively. 
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 22nd Mar 2017

Amazon India introduces 'A-Z GST Guide' programme

Amazon India has introduced a programme called 'A-Z GST Guide' to...

Textiles | On 22nd Mar 2017

Dyeing textiles with bacteria

As an alternative to toxic synthetic dyes, scientists are exploring...

Courtesy: BCG

Apparel/Garments | On 22nd Mar 2017

Consumption in India to touch $4 trillion by 2025: Report

Consumption in India is likely to triple to $4 trillion by 2025 as...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Urs Stalder
Sanitized AG

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Pranav Mishra
Huemn

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Robert Brunner
Devereux

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

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
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search