Home / Knowledge / News / Textiles / PX. PTA & MEG prices decline in Asian markets
PX. PTA & MEG prices decline in Asian markets
07
Jan '14
Paraxylene (PX) prices declined in Asian markets. In the S E Asian region, PX prices plunged and were quoted in the range of US$ 1415/ton to US$ 1420/ton. In the F E Asian market, PX prices decreased and were assessed at US$ 1395/ton. Prices of PX imported from the Taiwanese market remained steady and were quoted in the range of US$ 1420/ton to US$ 1425/ton.
 
PTA prices dropped in the Asian region. In the S E Asian market, PTA prices decreased and were assessed in the range of US$ 995/ton to US$ 1000/ton. In the F E Asian market, PTA prices plunged and were quoted at US$ 995/ton. Prices of PTA imported from the Taiwanese market increased 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 7200/ton to RMB 7250/ton.
 
Ethylene prices remained steady in Asian markets. In the S E Asian market, Ethylene prices kept unchanged in the range of US$ 1475/ton to US$ 1480/ton. In the F E Asian region, Ethylene prices were assessed at US$ 1385/ton. In the US market, Ethylene prices kept steady and were assessed in the range of 57.00 cents/pound to 57.50 cents/pound. Ethylene prices were stable in European international and domestic markets and were assessed at US$ 1325/ton and € 995/ton, respectively.
 
MEG prices declined in Asian markets. In the S E Asian region, MEG prices fell and were offered at US$ 1030/ton. In the Chinese international market, MEG prices dropped and were assessed in the range of US$ 1025/ton to US$ 1030/ton. In the Chinese domestic market, MEG prices remained stable and were quoted in the range of RMB 7525/ton to RMB 7550/ton.
 
In the S E Asian region, BG PET Chip prices stayed 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 kept steady in the range of US$ 1360/ton to US$ 1390/ton, while talked prices were quoted between US$ 1350/ton and US$ 1380/ton. In the Chinese market, BG PET Chip prices remained steady and were offered at RMB 9450/ton.
 
In the Korean market, FG PET Chip prices remained steady and were quoted in the range of US$ 1180/ton to US$ 1210/ton. In the Indian market, FOB based prices were quoted in the range of US$ 1230/ton to US$ 1280/ton. In the Chinese market, FG PET Chip prices increased and were quoted in the range of RMB 9050/ton to RMB 9100/ton.
 
PSF prices maintained steady trend in Asian markets. In the F E Asian market, PSF prices were quoted at US$1515/ton. In the S E Asian market, PSF selling prices were assessed at US$ 1415/ton. In the Chinese domestic market, PSF prices declined and were assessed in the range of RMB 9800/ton to RMB 9850/ton.
 
In the Chinese domestic market, prices of Polyester POY, DTY, and FDY were stable at RMB 9800/ton, RMB 11500/ton, and RMB 10450/ton, respectively. In the export market, offers for POY, DTY, and FDY remained steady at US$ 1370/ton, US$ 1615/ton, and US$ 1455/ton, respectively.
 
Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marcel Alberts
Eurofibers

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Yash P. Kotak
Bombay Hemp Company

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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
March 2017

March 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