Home / Knowledge / News / Textiles / PTA prices plunge in Asian markets
PTA prices plunge in Asian markets
25
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$ 1405/ton to US$ 1410/ton. In the F E Asian market, PX prices were offered at US$ 1385/ton. Prices of PX imported from the Taiwanese market stayed stable 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 declined and were quoted in the range of US$ 1050/ton to US$ 1055/ton. In the F E Asian market, PTA prices were assessed at US$ 1050/ton. Prices of PTA imported from the Taiwanese market moved down and were quoted in the range of US$ 1055/ton to US$ 1060/ton. In the Chinese domestic market, PTA prices decreased and were offered in the range of RMB 7625/ton to RMB 7675/ton.   
 
Ethylene prices remained stable in Asian markets. In the S E Asian market, Ethylene prices were offered in the range of US$ 1285/ton to US$ 1290/ton. In the F E Asian region, Ethylene prices were assessed at US$ 1180/ton. In the US market, Ethylene prices declined and were quoted in the range of 58.00 cents/pound to 58.50 cents/pound. Ethylene prices stayed stable in the European international and domestic markets, and were quoted at US$ 1295/ton and € 1010/ton, respectively.  
 
MEG prices showed mixed sentiments in Asia. In the S E Asian region, MEG prices were offered at US$ 945/ton. In the Chinese international market, MEG prices stayed stable and were assessed in the range of US$ 950/ton to US$ 955/ton. In the Chinese domestic market, MEG prices declined and were quoted in the range of RMB 7075/ton to RMB 7125/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$ 1400/ton to US$ 1420/ton. In the F E Asian market, selling prices were stable in the range of US$ 1400/ton to US$ 1440/ton, while talked prices were between US$ 1370/ton and US$ 1390/ton. In the Chinese market, BG PET Chips prices dropped and were quoted at RMB 9525/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 plunged and were assessed in the range of RMB 9375/ton to RMB 9425/ton.
 
PSF prices remained stable in Asian markets. In the F E Asian market, PSF prices were offered at US$ 1460/ton. In the S E Asian market, PSF selling prices were quoted at US$ 1360/ton. In the Chinese domestic market, PSF prices stayed stable and were assessed in the range of RMB 9995/ton to RMB 10045/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY, and FDY remained stable at RMB 10500/ton, RMB 12050/ton, and RMB 10700/ton, respectively. In the export market, offers for POY, DTY, and FDY stayed stable at US$ 1450/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

Uzbekistan, S Korea to launch textile techno park in Sept

Textiles | On 19th Feb 2018

Uzbekistan, S Korea to launch textile techno park in Sept

Uzbekistan and South Korea plan to launch a modern textile techno...

3 African nations may face AGOA sanctions if Mitumba banned

Apparel/Garments | On 19th Feb 2018

3 African nations may face AGOA sanctions if Mitumba banned

Rwanda, Tanzania and Uganda will face US trade penalties, including...

India’s Uttar Pradesh woos Tiruppur knitwear industrialists

Apparel/Garments | On 19th Feb 2018

India’s Uttar Pradesh woos Tiruppur knitwear industrialists

Two top Uttar Pradesh government officials visited Tamil Nadu’s...

Interviews View All

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Top executives
Textile & apparel bodies

The decision to reduce GST on MMF yarn to 12% is transformational

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Lynda Kelly
Suominen Corporation

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

Mohammad Hassan
Biax Fiberfilm

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

Urs Stalder
Sanitized AG

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

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Silvia Venturini Fendi
Fendi s.r.l

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

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

February 2018

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

Active Poll

Do you see sustainability as a route to business growth?

Yes
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search