Home / Knowledge / News / Textiles / BG PET Chips prices decline in Chinese market
BG PET Chips prices decline in Chinese market
25
Sep '13
Paraxylene (PX) prices surged in the Asian region. In the Southeast Asian region, PX prices increased and were quoted in the range of US$ 1495/ton to US$ 15000/ton. In the Far East Asian market, PX prices were assessed at US$ 1475/ton. Prices of PX imported from the Taiwanese market were steady and were assessed in the range of US$ 1480/ton to US$ 1485/ton.
 
PTA prices declined in the Asian region. In the Southeast Asian market, PTA prices declined and were assessed in the range of US$ 1060/ton to US$ 1065/ton. In the Far East Asian market, PTA prices were offered at US$ 1060/ton. Prices of PTA imported from the Taiwanese market remained steady and were quoted in the range of US$ 1055/ton to US$ 1060/ton. In the Chinese domestic market, PTA prices declined and were quoted in the range of RMB 7625/ton to RMB 7675/ton.   
 
Ethylene prices remained steady in Asian markets. In the Southeast Asian market, Ethylene prices kept unchanged and were quoted in the range of US$ 1440/ton to US$ 1445/ton. In the Far East Asian region, Ethylene prices were assessed at US$ 1290/ton. In the US market, Ethylene prices remained stable and were assessed in the range of 51.50 cents/pound to 52.00 cents/pound. Ethylene prices dropped in the European international and domestic markets to US$ 1380/ton and €1105/ton, respectively.     
 
MEG prices increased in Asian markets. In the Southeast Asian region, MEG prices were quoted at US$ 1070/ton. In the Chinese international market, MEG prices were stable in the range of US$ 1055/ton to US$ 1060/ton. In the Chinese domestic market, MEG prices decreased and were assessed in the range of RMB 7800/ton to RMB 7850/ton.
 
In the Southeast Asian region, BG PET Chips prices were stable in the range of US$ 1420/ton to US$ 1460/ton, and some deals were discussed in the range of US$ 1410/ton to US$ 1450/ton. In the Far East Asian market, selling offers remained unchanged at US$ 1410/ton to US$ 1450/ton, while talked prices were between US$ 1400/ton and US$ 1440/ton. In the Chinese market, BG PET Chips prices declined and were assessed at RMB 9850/ton.
 
In the Korean market, FG PET Chips prices remained stable and were assessed in the range of US$ 1240/ton to US$ 1270/ton. In the Indian market, FOB based prices remained steady in the range of US$ 1290/ton to US$ 1340/ton. In the Chinese market, FG PET Chips prices were stable and were offered in the range of RMB 9350/ton to RMB 9400/ton.
 
PSF prices showed stable trend in Asian markets. In the Far East Asian market, PSF prices were quoted at US$ 1500/ton. In the Southeast Asian market, PSF selling prices were offered at US$ 1400/ton. In the Chinese domestic market, PSF prices dipped and were quoted in the range of RMB 10100/ton to RMB 10150/ton. 
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained unchanged at RMB 10350/ton, RMB 12200/ton, and RMB 10525/ton, respectively. In the export market, offers for POY, DTY, and FDY stayed steady at US$ 1440/ton, US$ 1700/ton, and US$ 1450/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Building of Ethiopian textile unit by Chinese firm starts

Textiles | On 22nd Jan 2018

Building of Ethiopian textile unit by Chinese firm starts

Chinese firm Wuxi No. 1 Cotton Mill will build a textile plant in...

JD.com to invest $3.1 bn to revive industry in NE China

Apparel/Garments | On 22nd Jan 2018

JD.com to invest $3.1 bn to revive industry in NE China

To back the government’s campaign to revitalize the traditional...

SIMA makes pre-budget recommendations to Indian govt

Textiles | On 22nd Jan 2018

SIMA makes pre-budget recommendations to Indian govt

Exemption of 5 per cent goods and services tax (GST) on raw cotton,...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Liz Manning

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

Silke Brand-Kirsch
Schlegel und Partner

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

Kerem Durdag
Biovation II LLC

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

January 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
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


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