Home / Knowledge / News / Textiles / PX prices plunge in Asian markets
PX prices plunge in Asian markets
10
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$ 1390/ton to US$ 1395/ton. In the F E Asian market, PX prices decreased and were assessed at US$ 1370/ton. Prices of PX imported from the Taiwanese market dipped and were quoted in the range of US$ 1405/ton to US$ 1410/ton.
 
PTA prices plunged in the Asian region. In the S E Asian market, PTA prices decreased and were quoted in the range of US$ 975/ton to US$ 980/ton. In the F E Asian market, PTA prices declined and were assessed at US$ 975/ton. Prices of PTA imported from the Taiwanese market remained unchanged and were quoted in the range of US$ 980/ton to US$ 985/ton. In the Chinese domestic market, PTA prices declined and were assessed in the range of RMB 6825/ton to RMB 6875/ton.
 
Ethylene prices followed a mixed trend in Asian markets. In the S E Asian market, Ethylene prices declined and were assessed in the range of US$ 1485/ton to US$ 1490/ton. In the F E Asian region, Ethylene prices were quoted at US$ 1385/ton. In the US market, Ethylene prices increased and were assessed in the range of 58.50 cents/pound to 59.00 cents/pound. Ethylene prices remained stable in the European international as well as domestic market and were quoted at US$ 1325/ton and € 995/ton, respectively.
 
In the S E Asian region, MEG price surged and were quoted at US$ 1000/ton. In the Chinese international market, MEG prices plunged and were assessed in the range of US$ 985/ton to US$ 990/ton. In the Chinese domestic market, MEG prices declined and were quoted in the range of RMB 7300/ton to RMB 7325/ton.
 
In the S E Asian region, BG PET Chip prices remained stable 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 between US$ 1350/ton and US$ 1380/ton. In the Chinese market, BG PET Chip prices remained unchanged and were quoted at RMB 9425/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 were quoted in the range of US$ 1230/ton to US$ 1280/ton. In the Chinese market, FG PET Chip prices remained stable and were assessed in the range of RMB 9050/ton to RMB 9100/ton.
 
PSF prices remained stable 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 remained unchanged and were quoted in the range of RMB 9800/ton to RMB 9850/ton.
 
In Chinese domestic market, Polyester POY, DTY and FDY prices remained steady and were quoted at RMB 9750/ton, RMB 11500/ton and RMB 10400/ton, respectively. In export market, prices of POY, DTY and FDY remained unchanged and were assessed at US$ 1365/ton, US$ 1610/ton and US$ 1450/ton, respectively.  
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

Benetton seeks approval for FDI in single-brand retail

Global fashion brand Benetton Group, has sought Indian government's...

Apparel/Garments | On 26th May 2017

Walmart to conduct GST workshops for SME suppliers

With the objective of supporting its small and medium-sized (SME)...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Paolo Ocleppo
Sandvik Hyperion

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Pranav Mishra
Huemn

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

Rupa Sood and Sharan Apparao
Nayaab

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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