Home / Knowledge / News / Textiles / MEG prices surge in Southeast Asian region
MEG prices surge in Southeast Asian region
21
Jan '14
Paraxylene (PX) plunged in Asian markets. In the S E Asian region, PX prices declined and were quoted in the range of US$ 1330/ton to US$ 1335/ton. In the F E Asian market, PX prices decreased and were assessed at US$ 1310/ton. Prices of PX imported from the Taiwanese market dipped and were quoted in the range of US$ 1335/ton to US$ 1340/ton.
 
In the S E Asian market, PTA prices surged and were assessed in the range of US$ 970/ton to US$ 975/ton. In the F E Asian market, PTA prices increased and were quoted at US$ 965/ton. Prices of PTA imported from the Taiwanese market declined and were quoted in the range of US$ 955/ton to US$ 960/ton. In the Chinese domestic market, PTA prices remained unchanged and were assessed in the range of RMB 6750/ton to RMB 6800/ton.
 
Ethylene prices showed a mixed trend in Asian markets. In the S E Asian market, Ethylene prices declined and were assessed in the range of US$ 1475/ton to US$ 1480/ton. In the F E Asian region, Ethylene prices remained stable and were quoted at US$ 1475/ton. In the US market, Ethylene prices remained unchanged and were assessed in the range of 56.00 cents/pound to 56.50 cents/pound. Ethylene prices remained stable in the European international as well as domestic market and were quoted at US$ 1325/ton and € 980/ton, respectively.
 
In the S E Asian region, MEG prices surged and were assessed at US$ 1020/ton. In the Chinese international market, MEG prices increased and were quoted in the range of US$ 1005/ton to US$ 1010/ton. In the Chinese domestic market, MEG prices declined and were assessed in the range of RMB 7300/ton to RMB 7375/ton.
 
In the S E Asian region, BG PET Chips prices remained stable and were quoted 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 remained stable and were assessed in the range of US$ 1360/ton to US$ 1390/ton, while talked prices were between US$ 1340/ton and US$ 1370/ton. In the Chinese market, BG PET Chips prices remained stable and were quoted at RMB 9100/ton.
 
In the Korean market, FG PET Chips prices remained unchanged 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 Chips prices remained stable and were assessed in the range of RMB 9000/ton to RMB 9050/ton.
 
PSF prices maintained a 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 remained unchanged and were quoted in the range of RMB 9650/ton to RMB 9700/ton.
 
In Chinese domestic market, Polyester POY, DTY and FDY prices remained stable and were quoted at RMB 9600/ton, RMB 11450/ton and RMB 10250/ton, respectively. In the export market, prices of POY, DTY, and FDY declined and were quoted at US$ 1335/ton, US$ 1600/ton, and US$ 1425/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Feb 2017

Bangladesh exporters want duty-free access to US, Brazil

Garment and apparel exporters of Bangladesh are seeking duty-free...

Textiles | On 22nd Feb 2017

India to produce 341 lakh bales cotton in 2016-17: CAI

The Cotton Association of India (CAI) has maintained in its January...

Textiles | On 22nd Feb 2017

'India to be self-sufficient in silk production by 2020'

Indian could be self-sufficient in silk production by the year 2020...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Mike Hoffman
Gildan Activewear SRL

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

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
February 2017

February 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