Home / Knowledge / News / Textiles / PX prices surge in Asian markets
PX prices surge in Asian markets
04
Oct '13
Paraxylene (PX) prices surged in Asian markets. In the Southeast Asian region, PX prices rose and were quoted in the range of US$ 1465/ton to US$ 1470/ton. In the Far East Asian market, PX prices were assessed at US$ 1445/ton. Prices of PX imported from the Taiwanese market maintained a steady trend and were assessed in the range of US$ 1460/ton to US$ 1465/ton.
 
PTA prices remained stable in the Asian region. In the Southeast Asian market, PTA prices maintained a steady trend and were quoted in the range of US$ 1050/ton to US$ 1055/ton. In the Far East Asian market, PTA prices were assessed at US$ 1050/ton. Prices of PTA imported from the Taiwanese market remained unchanged and were quoted in the range of US$ 1045/ton to US$ 1050/ton. In the Chinese domestic market, PTA prices remained stable and were quoted in the range of RMB 7600/ton to RMB 7650/ton.
 
Ethylene prices maintained a steady trend in Asian markets. In the Southeast Asian market, Ethylene prices remained unchanged and were assessed in the range of US$ 1435/ton to US$ 1440/ton. In the Far East Asian region, Ethylene prices were quoted at US$ 1300/ton. In the US market, Ethylene prices dipped and were quoted in the range of 47.50 cents/pound to 48.00 cents/pound. Ethylene prices declined in the European international market, whereas it remained steady in the domestic market and were quoted at US$ 1375/ton and €1090/ton, respectively.
 
MEG prices maintained a steady trend in Asian markets. In the Southeast Asian region, MEG prices were assessed at US$ 1060/ton. In the Chinese international market, MEG prices remained unchanged and were quoted in the range of US$ 1050/ton to US$ 1055/ton. In the Chinese domestic market, MEG prices remained stable and were assessed in the range of RMB 7800/ton to RMB 7850/ton.
 
In the Southeast Asian region, BG PET Chips prices remained stable in the range of US$ 1380/ton to US$ 1420/ton, and some deals were discussed between US$ 1370/ton and US$ 1410/ton. In the Far East Asian market, selling offers were quoted at US$ 1390/ton to US$ 1420/ton, while talked prices were between US$ 1380/ton and US$ 1410/ton. In the Chinese market, BG PET Chips prices remained unchanged and were assessed at RMB 9800/ton.
 
In the Korean market, FG PET Chips prices maintained a steady trend and were quoted in the range of US$ 1220/ton to US$ 1250/ton. In the Indian market, FOB based prices remained unchanged in the range of US$ 1270/ton to US$ 1320/ton. In the Chinese market, FG PET Chips prices remained stable and were assessed in the range of RMB 9275/ton to RMB 9325/ton.
 
 


Must ReadView All

Union Minister for finance Arun Jaitley chairing the 25th GST Council meeting, flanked by minister of state for finance Shiv Pratap Shukla (right) and finance secretary Dr Hasmukh Adhia. Courtesy: PIB

Textiles | On 20th Jan 2018

GST rate on velvet fabric reduced to 5%

The 25th Goods and Services Tax (GST) Council meeting, held under the ...

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

Textiles | On 20th Jan 2018

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

The revenue from the petrochemicals segment at Reliance Industries...

Courtesy: Cotton USA

Textiles | On 20th Jan 2018

US cotton bodies pledge to support CCI activities

Ten US cotton organisations have pledged industry contributions in...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Silke Brand-Kirsch
Schlegel und Partner

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Robert Brunner
Devereux

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

Silvia Venturini Fendi
Fendi s.r.l

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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