Home / Knowledge / News / Textiles / MEG prices decrease in Asian markets
MEG prices decrease in Asian markets
15
Nov '13
Paraxylene (PX) prices followed a mixed trend in Asian markets. In the Southeast Asian region, PX prices remained unchanged and were quoted in the range of US$ 1415/ton to US$ 1420/ton. In the Far East Asian market, PX prices declined and were assessed at US$ 1395/ton. Prices of PX imported from the Taiwanese market plunge and were quoted in the range of US$ 1415/ton to US$ 1420/ton.
 
PTA prices maintained a steady trend in the Asian region. In the Southeast Asian market, PTA prices remained unchanged and were quoted in the range of US$ 995/ton to US$ 1000/ton. In the Far East Asian market, PTA prices were assessed at US$ 995/ton. Prices of PTA imported from the Taiwanese market remained stable and were quoted in the range of US$ 990/ton to US$ 995/ton. In the Chinese domestic market, PTA prices remained unchanged and were assessed in the range of RMB 7300/ton to RMB 7350/ton.
 
Ethylene prices remained stable in Asian markets. In the Southeast Asian market, Ethylene prices maintained a steady trend and were assessed in the range of US$ 1410/ton to US$ 1415/ton. In the Far East Asian region, Ethylene prices were quoted at US$ 1305/ton. In the US market, Ethylene prices surged and were assessed in the range of 52.50 cents/pound to 53.00 cents/pound. Ethylene prices remained unchanged in the European international as well as domestic market and were quoted at US$ 1235/ton and € 975/ton, respectively.
 
MEG prices declined in Asian markets. In the Southeast Asian region, MEG prices plunged and were assessed at US$ 1040/ton. In the Chinese international market, MEG prices maintained a steady trend and were quoted in the range of US$ 1035/ton to US$ 1040/ton. In the Chinese domestic market, MEG prices remained stable and were assessed in the range of RMB 7475/ton to RMB 7525/ton.
 
In the Southeast Asian region, BG PET chip prices remained stable in the range of US$ US$ 1340/ton to US$ 1380/ton, and some deals were discussed in the range of US$ 1330/ton to US$ 1370/ton. In the Far East Asian market, selling offers remained unchanged at US$ 1360/ton to US$ 1390/ton, while talked prices were between US$ 1350/ton and US$ 1380/ton. In the Chinese market, BG PET chip prices remained stable and were assessed at RMB 9600/ton.
 
In the Korean market, FG PET chip prices remained unchanged and were quoted in the range of US$ 1180/ton to US$ 1210/ton. In the Indian market, FOB based prices remained stable in the range of US$ 1230/ton to US$ 1280/ton. In the Chinese market, FG PET chip prices surged and were quoted in the range of RMB 9225/ton to RMB 9275/ton.
 
 

Must ReadView All

Textiles | On 7th Dec 2016

New Texprocil chairman bats for increased UPI adoption

Ujwal Lahoti, the new Cotton Textile Export Promotion Council...

RBI Governor Urjit Patel addressing a press conference. Courtesy: Youtube

Textiles | On 7th Dec 2016

Defying expectations, RBI keeps repo rate unchanged

Defying market expectations, the Monetary Policy Committee (MPC) of...

The new OJ 59/1 B. Courtesy: Karl Mayer

Textiles | On 7th Dec 2016

Karl Mayer unveils new LACE.EXPRESS model for apparel

Germany’s leading textile machinery firm, Karl Mayer, has launched a...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Larry L Kinn
Suominen Corporation

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Mike Hoffman
Gildan Activewear SRL

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

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 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search