Home / Knowledge / News / Textiles / MEG prices surge in Southeast Asian market
MEG prices surge in Southeast Asian market
10
Jul '13
Paraxylene (PX) prices remained stable in Asian markets. In the Southeast Asian region, PX prices were stable and were assessed in the range of US$ 1435/ton to US$ 1440/ton. In the Fareast Asian market, PX prices were offered at US$ 1415/ton. Prices of PX imported from Taiwanese market inched up and were offered in the range of US$ 1435/ton to US$ 1440/ton. 
           
PTA prices remained stable in the Asian region. In the Southeast Asian market, PTA prices were steady in the range of US$ 1060/ton to US$ 1065/ton. In the Fareast Asian market, PTA prices were offered at US$ 1060/ton. Prices of PTA imported from Taiwanese market stayed stable and were quoted in the range of US$ 1055/ton to US$ 1060/ton. In the Chinese domestic market, PTA prices went up and were offered in the range of RMB 7650/ton to RMB 7700/ton.   
 
Ethylene prices remained stable in Asian markets. In the Southeast Asian market, Ethylene prices were assessed in the range of US$ 1295/ton to US$ 1300/ton. In the Fareast Asian region, Ethylene prices were offered at US$ 1230/ton. In the US market, Ethylene prices decreased and were quoted in the range of 57.00 cents/pound to 57.50 cents/pound. Ethylene prices were stable in the European international and domestic markets and were assessed at US$ 1295/ton and €1035/ton, respectively.  
 
MEG prices showed mixed trend in Asia. In the Southeast Asian region, MEG prices surged and were assessed at US$ 1005/ton. In the Chinese international market, MEG prices remained stable in the range of US$ 975/ton to US$ 980/ton. In the Chinese domestic market, MEG prices surged and were assessed in the range of RMB 7345/ton to RMB 7395/ton.         
 
In the Southeast Asian region, BG PET Chips prices were stable in the range of US$ 1400/ton to US$ 1440/ton and some deals were discussed at around US$ 1380/ton to US$ 1410/ton. In the Fareast Asian market, selling offers stayed stable at US$ 1390/ton to US$ 1440/ton, while prices were offered between US$ 1380/ton and US$ 1400/ton. In the Chinese market, BG PET Chips prices stayed steady and were quoted at RMB 9600/ton.
 
In the Korean market, FG PET Chips prices remained unchanged in the range of US$ 1230/ton to US$ 1260/ton. In 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 decreased and were assessed in the range of RMB 9325/ton to RMB 9375/ton.
 
PSF prices remained stable in Asian markets. In the Fareast Asian market, PSF prices were offered at US$ 1455/ton. In the Southeast Asian market, PSF selling prices were offered at US$ 1355/ton. In the Chinese domestic market, PSF prices went down and were offered in the range of RMB 9945/ton to RMB 9995/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY, and FDY remained stable at RMB 10350/ton, RMB 12000/ton, and RMB 10500/ton, respectively. In the export market, prices for POY, DTY, and FDY increased at US$ 1430/ton, US$ 1655/ton, and US$ 1435/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Lynda Kelly
Suominen Corporation

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

Silke Brand-Kirsch
Schlegel und Partner

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

Steve Cole
Xerium Technologies

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

Bani Batra

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

Silvia Venturini Fendi
Fendi s.r.l

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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
January 2017

January 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