Home / Knowledge / News / Textiles / MEG prices surge in Asian markets
MEG prices surge in Asian markets
26
Nov '13
Paraxylene (PX) prices surged in Asian markets. In the Southeast Asian region, PX prices increased and were assessed in the range of US$ 1400/ton to US$ 1405/ton. In the Far East Asian market, PX prices maintained a steady trend and were quoted at US$ 1390/ton. Prices of PX imported from the Taiwanese market remained stable and were assessed in the range of US$ 1405/ton to US$ 1410/ton.
 
PTA prices remained unchanged in the Asian region. In the Southeast Asian market, PTA prices remained unchanged and were quoted in the range of US$ 985/ton to US$ 990/ton. In the Far East Asian market, PTA prices were assessed at US$ 985/ton. Prices of PTA imported from the Taiwanese market remained stable and were quoted in the range of US$ 985/ton to US$ 990/ton. In the Chinese domestic market, PTA prices remained unchanged and were assessed in the range of RMB 7225/ton to RMB 7275/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 remained unchanged and were quoted in the range of 53.00 cents/pound to 53.50 cents/pound. Ethylene prices remained stable in the European international as well domestic market and were offered at US$ 1205/ton and € 970/ton, respectively.
 
MEG prices jumped in Asian markets. In the Southeast Asian region, MEG prices increased and were quoted at US$ 1020/ton. In the Chinese international market, MEG prices remained stable and were quoted in the range of US$ 1000/ton to US$ 1005/ton. In the Chinese domestic market, MEG prices increased and were assessed in the range of RMB 7350/ton to RMB 7400/ton.
 
In the Southeast Asian region, BG PET chip prices remained unchanged 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 remained unchanged and quoted at RMB 9525/ton.
 
In the Korean market, FG PET chip prices maintained a steady trend and were assessed 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 9175/ton to RMB 9225/ton.
 
 


Must ReadView All

Textiles | On 20th Jul 2017

Provide safety net for cotton growers: Congress to Trump

A bipartisan Congressional coalition has called attention of...

Courtesy: ITMF

Textiles | On 20th Jul 2017

ITMF'17 themed on tech, trade, climate in disruptive times

The International Textile Manufacturers Federation (ITMF), an...

Textiles | On 20th Jul 2017

RIL’s Q1 FY18 petrochemicals revenue up 22.9% y-o-y

Reliance Industries Limited (RIL) has reported its financial...

Interviews View All

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Paolo Ocleppo
Sandvik Hyperion

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

Eamonn Tighe
Nature Works LLC

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Silvia Venturini Fendi
Fendi s.r.l

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

Jay Ramrakhiani
Occasions Elegance Wear

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

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

July 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

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X