Home / Knowledge / News / Textiles / MEG prices surge in Chinese domestic market
MEG prices surge in Chinese domestic market
23
Jul '13
Paraxylene (PX) prices stayed stable in Asian markets. In the Southeast Asian region, PX prices remained steady and were assessed in the range of US$ 1460/ton to US$ 1465/ton. In the Fareast Asian market, PX prices were quoted at US$ 1445/ton. Prices of PX imported from Taiwanese market increased and were offered in the range of US$ 1465/ton to US$ 1470/ton. 
           
PTA prices increased in the Asian region. In the Southeast Asian market, PTA prices went up in the range of US$ 1075/ton to US$ 1080/ton. In the Fareast Asian market, PTA prices were assessed at US$ 1080/ton. Prices of PTA imported from Taiwanese market increased and were quoted in the range of US$ 1065/ton to US$ 1070/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 were steady in Asian markets. In the Southeast Asian market, Ethylene prices were offered in the range of US$ 1230/ton to US$ 1235/ton. In the Fareast Asian region, Ethylene prices were quoted at US$ 1200/ton. In the US market, Ethylene prices were steady and assessed in the range of 54.00 cents/pound to 54.50 cents/pound. Ethylene prices were stable in the European international and domestic markets, and were quoted at US$ 1325/ton and €1045/ton, respectively.  
   
MEG prices surged in Asia. In the Southeast Asian region, MEG prices increased and were offered at US$ 1080/ton. In the Chinese international market, MEG prices declined in the range of US$ 1065/ton to US$ 1070/ton. In the Chinese domestic market, MEG prices went up and were quoted in the range of RMB 7750/ton to RMB 7800/ton.           
 
In the Southeast Asian region, BG PET Chips prices were stable in the range of US$ 1390/ton to US$ 1430/ton and some deals were discussed at around US$ 1380/ton to US$ 1400/ton. In the Fareast Asian market, selling offers declined at US$ 1390/ton to US$ 1430/ton, while talked prices were offered between US$ 1370/ton and US$ 1390/ton. In the Chinese market, BG PET Chips prices remained unchanged and were quoted at RMB 9900/ton.
 
In the Korean market, FG PET Chips prices went down in the range of US$ 1220/ton to US$ 1250/ton. In Indian market, FOB based prices shot up in the range of US$ 1270/ton to US$ 1310/ton. In the Chinese market, FG PET Chips prices increased and were quoted in the range of RMB 9350/ton to RMB 9400/ton.
 
PSF prices surged in Asian markets. In the Fareast Asian market, PSF prices were quoted at US$ 1470/ton. In the Southeast Asian market, PSF prices were assessed at US$ 1370/ton. In the Chinese domestic market, PSF prices were steady and offered in the range of RMB 10175/ton to RMB 10225/ton.
 
In the Chinese domestic market, prices of Polyester POY stayed steady at RMB 10350/ton, while DTY and FDY increased at RMB 12000/ton, and RMB 10450/ton, respectively. In the export market, prices for POY, DTY, and FDY increased at US$ 1435/ton, US$ 1660/ton, and US$ 1435/ton, respectively.  
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Poojaa Kumar Deepak
Zeven

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

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Giorgio Mantovani
Corman S.p.A

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Vaanee Bhatia
Gritstones Clothing

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

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

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

September 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

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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