Home / Knowledge / News / Textiles / MEG & PTA prices increase in Southeast Asian markets
MEG & PTA prices increase in Southeast Asian markets
17
Jan '14
Paraxylene (PX) prices maintained steady trend in Asian markets. In the S E Asian region, PX prices remained steady and were quoted in the range of US$ 1345/ton to US$ 1350/ton. In the F E Asian market, PX prices remained steady and were assessed at US$ 1325/ton. Prices of PX imported from the Taiwanese market stayed steady in the range of US$ 1345/ton to US$ 1350/ton.
 
PTA prices increased in the Asian region. In the S E Asian market, PTA prices increased and were assessed in the range of US$ 965/ton to US$ 970/ton. In the F E Asian market, PTA prices surged and were quoted at US$ 965/ton. Prices of PTA imported from the Taiwanese market increased and were assessed in the range of US$ 955/ton to US$ 960/ton. In the Chinese domestic market, PTA prices remained steady and were quoted in the range of RMB 6775/ton to RMB 6825/ton.
 
Ethylene prices remained stable in Asian markets. In the S E Asian market, Ethylene prices were stable in the range of US$ 1480/ton to US$ 1485/ton. In the F E Asian region, Ethylene prices kept unchanged at US$ 1480/ton. In the US market, Ethylene prices remained steady and were quoted in the range of 56.50 cents/pound to 57.00 cents/pound. Ethylene prices declined in the European international and as well as in the domestic markets and were offered at US$ 1335/ton and € 1000/ton, respectively.
 
MEG prices increased in Asian markets. In the S E Asian region, MEG price surged and was assessed at US$ 1015/ton. In the Chinese international market, MEG prices increased and were quoted in the range of US$ 1000/ton to US$ 1005/ton. In the Chinese domestic market, MEG prices remained steady and were assessed in the range of RMB 7310/ton to RMB 7360/ton.
 
In the S E Asian region, BG PET Chips prices kept unchanged in the range of US$ 1360/ton to US$ 1400/ton, and some deals were discussed in the range of US$ 1350/ton to US$ 1370/ton. In the F E Asian market, selling offers were steady in the range of US$ 1360/ton to US$ 1390/ton, while talked prices were quoted between US$ 1340/ton and US$ 1370/ton. In the Chinese market, BG PET Chips prices declined and were quoted at RMB 9100/ton.
 
In the Korean market, FG PET Chips prices kept steady and were quoted in the range of US$ 1180/ton to US$ 1210/ton. In the Indian market, FOB based prices were assessed in the range of US$ 1230/ton to US$ 1280/ton. In the Chinese market, FG PET Chips prices were steady in the range of RMB 9000/ton to RMB 9050/ton.
 
PSF prices declined in Asian markets. In the F E Asian market, PSF prices were assessed at US$1515/ton. In the S E Asian market, PSF selling prices were offered at US$ 1415/ton. In the Chinese domestic market, PSF prices decreased and were quoted in the range of RMB 9700/ton to RMB 9750/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices kept unchanged and were quoted at RMB 9650/ton, RMB 11500/ton and RMB 10350/ton, respectively. In the export market, offers for POY, DTY, and FDY increased marginally to US$ 1365/ton, US$ 1615/ton, and US$ 1450/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Steve Cole
Xerium Technologies

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Ritu Kumar
Label Ritu Kumar

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

Karan Arora
Karan Arora

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

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search