Home / Knowledge / News / Textiles / MEG prices decline in Chinese international market
MEG prices decline in Chinese international market
23
Dec '13
Paraxylene (PX) prices decreased in Asian markets. In the S E Asian region, PX prices plunged down and were assessed in the range of US$ 1425/ton to US$ 1430/ton. In the F E Asian market, PX prices kept steady and were offered at US$ 1410/ton. Prices of PX imported from the Taiwanese market kept unchanged and were offered in the range of US$ 1435/ton to US$ 1440/ton.
 
PTA prices maintained steady trend in the Asian region. In the S E Asian market, PTA prices were stable in the range of US$ 990/ton to US$ 995/ton. In the F E Asian market, PTA prices were assessed at US$ 990/ton. Prices of PTA imported from the Taiwanese market declined and were assessed in the range of US$ 985/ton to US$ 990/ton. In the Chinese domestic market, PTA prices increased and were quoted in the range of RMB 7350/ton to RMB 7400/ton.     
 
Ethylene prices increased in the Asian region. In the S E Asian market, Ethylene prices increased and were quoted in the range of US$ 1440/ton to US$ 1445/ton. In the F E Asian market, Ethylene prices were assessed at US$ 1385/ton. In the US market, Ethylene prices increased and were quoted in the range of 58.00 cents/pound to 58.50 cents/pound. Ethylene price increased in the European international market to US$ 1260/ton, while they remained unchanged at € 950/ton in the European domestic market.
 
MEG prices increased in the Asian region. In the S E Asian region, MEG prices increased and were quoted at US$ 1022/ton. In the Chinese international market, MEG prices declined and were assessed in the range of US$ 1020/ton to US$ 1025/ton. In the Chinese domestic market, MEG prices remained steady and were quoted in the range of RMB 7575/ton to RMB 7625/ton.
 
In the S E Asian region, BG PET Chip prices remained steady in the range of 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 F E Asian market, selling offers remained stable at US$ 1360/ton to US$ 1390/ton, while talked prices were assessed between US$ 1350/ton and US$ 1380/ton. In the Chinese market, BG PET Chip prices decreased and were assessed at RMB 9450/ton.
 
In the Korean market, FG PET Chip prices were stable in the range of US$ 1180/ton to US$ 1210/ton. In the Indian market, FOB based prices were offered in the range of US$ 1230/ton to US$ 1280/ton. In the Chinese market, FG PET Chip prices were steady in the range of RMB 9025/ton to RMB 9075/ton.
 
PSF prices remained stable in Asian markets. In the F E Asian market, PSF prices were quoted at US$ 1510/ton. In the S E Asian market, PSF selling prices were offered at US$ 1410/ton. In the Chinese domestic market, PSF prices remained steady and were quoted in the range of RMB 9825/ton to RMB 9875/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices remained stable and were offered at RMB 9800/ton, RMB 11500/ton and RMB 10400/ton, respectively. In export market, offers for POY, DTY and FDY kept unchanged and were quoted at US$ 1370/ton, US$ 1615/ton and US$ 1445/ton, respectively.
 
Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Amrit Sethia
SOIE

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

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Eamonn Tighe
Nature Works LLC

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Wendell Rodricks
Wendell Rodricks

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

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 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