Home / Knowledge / News / Textiles / MEG prices dip in Chinese domestic market
MEG prices dip in Chinese domestic market
21
Nov '13
Paraxylene (PX) prices increased in Asian markets. In the Southeast Asian region, PX prices surged and were quoted in the range of US$ 1395/ton to US$ 1400/ton. In the Far East Asian market, PX prices jumped and were assessed at US$ 1390/ton. Prices of PX imported from the Taiwanese market remained stable and were quoted in the range of US$ 1400/ton to US$ 1405/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$ 990/ton to US$ 995/ton. In the Far East Asian market, PTA prices were assessed at US$ 990/ton. Prices of PTA imported from the Taiwanese market declined and were quoted in the range of US$ 985/ton to US$ 990/ton. In the Chinese domestic market, PTA prices remained stable and were assessed in the range of RMB 7250/ton to RMB 7300/ton.
 
Ethylene prices maintained a steady trend in Asian markets. In the Southeast Asian market, Ethylene prices remained unchanged and were quoted in the range of US$ 1410/ton to US$ 1415/ton. In the Far East Asian region, Ethylene prices were assessed at US$ 1300/ton. In the US market, Ethylene prices increased and were assessed in the range of 55.00 cents/pound to 55.50 cents/pound. Ethylene prices remained unchanged in the European international market, whereas it surged in the European domestic market and were assessed at US$ 1225/ton and € 985/ton, respectively.
 
MEG prices remained stable in Asian markets. In the Southeast Asian region, MEG prices maintained a steady trend and were quoted at US$ 1025/ton. In the Chinese international market, MEG prices declined and were assessed in the range of US$ 1015/ton to US$ 1020/ton. In the Chinese domestic market, MEG prices decreased and were quoted in the range of RMB 7325/ton to RMB 7375/ton.
 
In the Southeast Asian region, BG PET chip prices remained steady in the range of US$ US$ 1340/ton to US$ 1380/ton, and some deals were discussed at around US$ 1330/ton to US$ 1370/ton. In the Far East Asian market, selling offers remained stable 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 declined and were quoted at RMB 9575/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 remained unchanged and were assessed in the range of RMB 9225/ton to RMB 9275/ton.
 
 

Must ReadView All

Textiles | On 19th Jan 2017

Pakistan imposes duty on Indian fine cotton yarn

A provisional countervailing duty ranging from Rs 26.89 to Rs 55.8 a...

Textiles | On 19th Jan 2017

Union Budget: Textile sector expects excise duty revisions

Excise duty on man-made fibres should be reduced to bring it on par...

Union textiles minister Smriti Irani at the inauguration of IIGF in New Delhi with textiles secretary Rashmi Verma and other dignitaries. Courtesy: PIB

Apparel/Garments | On 19th Jan 2017

Ministry to reimburse apparel exporters for state levies

The textile ministry has received a sum of Rs 500 crore from the...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search