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

Apparel/Garments | On 18th Jan 2017

Government considering 100% FDI in single brand retail

The Government of India is looking at allowing 100 per cent foreign...

Courtesy: Walmart

Apparel/Garments | On 18th Jan 2017

Walmart to create 34,000 new jobs in the US

The world’s biggest retailer and also the biggest US private sector...

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Johan Berlin
InvestKonsult Sweden AB

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

Eric Scholler
Groz-Beckert

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Silvia Venturini Fendi
Fendi s.r.l

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

Sonam & Paras Modi
SVA

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

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