Home / Knowledge / News / Textiles / PX & PSF prices dip in Asian markets; MEG increases
PX & PSF prices dip in Asian markets; MEG increases
19
Jun '13
Paraxylene (PX) prices declined in Asian markets. In the S E Asian region, PX prices decreased and were quoted in the range of US$ 1430/ton to US$ 1435/ton. In the F E Asian market, PX prices were offered at US$ 1410/ton. Prices of PX imported from the Taiwanese market remained stable and were assessed in the range of US$ 1440/ton to US$ 1445/ton. 
 
PTA prices remained unchanged in the Asian region. In the S E Asian market, PTA prices remained stable in the range of US$ 1060/ton to US$ 1065/ton. In the F E Asian market, PTA prices were assessed at US$ 1060/ton. Prices of PTA imported from the Taiwanese market were steady and were quoted in the range of US$ 1055/ton to US$ 1060/ton. In the Chinese domestic market, PTA prices were stable and were offered in the range of RMB 7740/ton to RMB 7790/ton.   
 
Ethylene prices remained stable in Asian markets. In the S E Asian market, Ethylene prices were offered in the range of US$ 1255/ton to US$ 1260/ton. In the F E Asian region, Ethylene prices were assessed at US$ 1170/ton. In the US market, Ethylene prices declined and were quoted in the range of 58.50 cents/pound to 59.00 cents/pound. Ethylene prices remained stable in the European international as well as domestic markets, and were quoted at US$ 1250/ton and € 1000/ton, respectively.  
 
MEG prices increased in Asia. In the S E Asian region, MEG prices were offered at US$ 970/ton. In the Chinese international market, MEG prices inched up and were assessed in the range of US$ 950/ton to US$ 955/ton. In the Chinese domestic market, MEG prices declined and were offered in the range of RMB 7175/ton to RMB 7225/ton. 
 
In the S E Asian region, BG PET Chips prices remained stable in the range of US$ 1420/ton to US$ 1440/ton, and some deals were discussed in the range of US$ 1410/ton to US$ 1420/ton. In the F E Asian market, selling offers increased and were quoted in the range of US$ 1400/ton to US$ 1440/ton, while talked prices were between US$ 1380/ton and US$ 1400/ton. In the Chinese market, BG PET Chips prices declined and were quoted at RMB 9750/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 were steady 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 declined in Asian markets. In the F E Asian market, PSF prices were offered at US$ 1465/ton. In the S E Asian market, PSF selling prices were quoted at US$ 1365/ton. In the Chinese domestic market, PSF prices plunged and were assessed in the range of RMB 10005/ton to RMB 10055/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained stable at RMB 10475/ton, RMB 12050/ton, and RMB 10700/ton, respectively. In the export market, offers for POY, DTY, and FDY decreased to US$ 1445/ton, US$ 1660/ton, and US$ 1465/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 26th Jul 2017

Q1 2018 revenue at Raymond soars 14%

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

Textiles | On 26th Jul 2017

Textile Corp of America to create 1000 jobs in Tennessee

Textile Corporation of America Inc, a leading textile manufacturer,...

Textiles | On 26th Jul 2017

Leather & footwear industry expecting incentive package

India’s leather and footwear industry is anticipating an incentive...

Interviews View All

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Siddharth Biyani
Mangalam Industries Pvt Ltd

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

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

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

Steve Cole
Xerium Technologies

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Giorgio Mantovani
Corman S.p.A

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Robert Brunner
Devereux

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

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

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