Home / Knowledge / News / Textiles / MEG prices swell in Asian markets
MEG prices swell in Asian markets
30
Oct '13
Paraxylene (PX) prices followed a mixed trend in Asian markets. In the Southeast Asian region, PX prices remained stable and were quoted in the range of US$ 1420/ton to US$ 1425/ton. In the Far East Asian market, PX prices decreased and were assessed at US$ 1400/ton. Prices of PX imported from the Taiwanese market remained stable and were quoted in the range of US$ 1420/ton to US$ 1425/ton.
 
PTA prices maintained a steady trend in Asian region. In the Southeast Asian market, PTA prices remained unchanged and were quoted in the range of US$ 1000/ton to US$ 1005/ton. In the Far East Asian market, PTA prices were assessed at US$ 1000/ton. Prices of PTA imported from the Taiwanese market remained stable and were quoted in the range of US$ 995/ton to US$ 1000/ton. In the Chinese domestic market, PTA prices declined and were assessed in the range of RMB 7350/ton to RMB 7400/ton.
 
Ethylene prices showed a mixed trend in Asian market. In the Southeast Asian market, Ethylene prices plunged and were assessed in the range of US$ 1425/ton to US$ 1430/ton. In the Far East Asian region, Ethylene prices were quoted at US$ 1330/ton. In the US market, Ethylene prices remained stable and were assessed in the range of 47.50 cents/pound to 48.00 cents/pound. Ethylene prices maintained a steady trend in the European international as well as domestic market and were quoted at US$ 1290/ton and €1010/ton, respectively.
 
MEG prices increased in Asian markets. In the Southeast Asian region, MEG prices surged and were quoted at US$ 1020/ton. In the Chinese international market, MEG prices swelled and were assessed in the range of US$ 1010/ton to US$ 1015/ton. In the Chinese domestic market, MEG prices remained stable and were quoted in the range of RMB 7400/ton to RMB 7450/ton.
 
In the Southeast Asian region, BG PET Chip prices remained stable in the range of US$ US$ 1360/ton to US$ 1400/ton, and some deals were discussed at around US$ 1350/ton to US$ 1390/ton. In the Far East Asian market, selling offers maintained a steady trend at US$ 1370/ton to US$ 1400/ton, while talked prices were between US$ US$ 1360/ton and US$ 1390/ton. In the Chinese market, BG PET Chip prices remained unchanged and were assessed at RMB 9325/ton.
 
In the Korean market, FG PET Chip prices remained unchanged and were assessed in the range of US$ 1200/ton to US$ 1230/ton. In the Indian market, FOB based prices decreased in the range of US$ 1250/ton to US$ 1300/ton. In the Chinese market, FG PET Chip prices declined and were quoted in the range of RMB 8900/ton to RMB 8950/ton.
 
PSF prices remained stable in Asian markets. In the Far East Asian market, PSF prices were quoted at US$ 1510/ton. In the Southeast Asian market, PSF selling prices were assessed at US$ 1410/ton. In the Chinese domestic market, PSF prices dipped and were quoted in the range of RMB 9775/ton to RMB 9825/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY and FDY remained unchanged and were quoted at RMB 10025/ton, RMB 11900/ton, and RMB 10150/ton, respectively. In the export market, prices of POY, DTY, and FDY remained stable at US$ 1400/ton, US$ 1665/ton, and US$ 1405/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Chinese firm sets up textile-garment chain in Vietnam

Apparel/Garments | On 13th Dec 2017

Chinese firm sets up textile-garment chain in Vietnam

Worldon Vietnam Co. Ltd under the Chinese Shenzhou Group is likely to ...

Courtesy: SATO Global Solutions

Information Technology | On 13th Dec 2017

Sensor networks improve inventory management

Sensor networks like radio frequency identification (RFID) and smart...

CMAI hails review of FTP as 'progressive package'

Apparel/Garments | On 13th Dec 2017

CMAI hails review of FTP as 'progressive package'

The Clothing Manufacturers' Association of India (CMAI) has hailed...

Interviews View All

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kerem Durdag
Biovation II LLC

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Divvya and Nidhhi Gambhir
Walnut

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

December 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
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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